Post by
templetooth2 on Jul 12, 2022 9:38pm
Question for board
Does anyone on this board have an idea as to how much graphene NanoXplore sells, either in kilograms or $???
In the Q3 financials, I see reference to sales to Martinrea for the 3 and 9-month periods of $165,544 and $1,057,837 respectively for graphene-enhanced products and tooling products. I have no idea what these tooling products are, but as they are worthy of separate mention, they likely aren't related to graphene.
I got to thinking about this after a filing binge. I found on my desk the "Letters" page of the June 11 issue of The Economist which published a letter from the CEO of First Graphene of Henderson, Aus. Said CEO's letter was filled with the here's-the-product-that's-gonna-save-the-world stuff we're too accustomed to hearing. I had a look at First Graphene's financials. They've been in business a few years, very few, and claim to be world's largest graphene producer. Revenue for the first 6 months was A$185,000 and loss was A$2,482,589.