First Graphene – VIDEO Interview with FNN – Expanding Applications
First Graphene Ltd (ASX: FGR, FSE: M11, ISIN:AU000000FGR3) – Development/Production Advanced Material Graphene.
Non-Executive Chairman, Warwick Grigor talks about the increasing range of applications for the company’s product PureGRAPH. The two most advanced applications are FireStop, which is considered cheaper and non-toxic than existing materials, and product enhancements for the mining industry. Adding graphene when producing mining equipment makes products more absorbed, more flixible and longer wearing. First Graphene is therefore selling a few tonnes of graphene to newGen Group. Fibre glas business also requires that material, Warwick says, and is going to receive 5-10 tonnes per annum of graphene when time comes by.
FGR shares are becoming tradable on the London AIM. This is an alternative trading platform, also for graphene companies, even for much bigger ones.
For 2019 FGR is aiming positive cash flow, and a first cash forecast, based on new progress. He concluded that if there is still any doubt about graphene’s success, they will not be anymore in 12 months time.