Graphene Manufacturing Group Ltd V.GMG

News out

[Mayberry1]

They have sent out the first coin cells to prospective customers for testing and evaluation. Things are progressing quickly.

[prone]

First into customers - then bulk sales.... Yahoooooooo.!!!!! -->Graphene Aluminium-Ion Battery Prototypes Sent to Customers for Testing and Evaluation   BRISBANE, QUEENSLAND, AUSTRALIA – December 22nd, 2021 – Graphene Manufacturing Group Ltd. ... is pleased to announce -->that its graphene aluminium-ion batteries (“G+AI Battery”) 2032 type coin cell prototypes ... have been

[neosceptic]

The product sounds superior to compare to most advanced mass produced one. The questio is the cost of production.  Li is by far more expensive than Al, but graphene - this is the key.

[SIMPLICITI1]

Can that statement be any more obvious? But Graphene pricing will come down regardless as there are too many counttries and countries interested in its production.  The current crop of batteries and indeed the current graphene price have little or no bearing on the opportunity at play.  The first thing is to prove they deliver on the promises made using more than one source for the

[neosceptic]

I did not plan to be original summarizing the news and trying to see a next step...The gain is also, relatively modest, compare to result (just look at the battery picture and read a specs). Thechical specs are not enough for the market, investors need economics too. Yes, sure new tech is getting cheaper with time, most of the time. However, would "current graphene price have little or no

[Dumpinvestor]

If you do google search " graphene price", graphene is very expensive. Gmg claims they can produce graphene with low cost, but they did not say how much cost. Hopefully, they can produce graphene way cheaper than lithium, otherwise, they may have hard time to sell their products.

[neosceptic]

The price of graphene could be high, but cost of battery low, depending how much graphene is there (it is aluminum - graphene battery and aluminum is cheap). Also, production cost is high with Li, even transporation/storage is 2x higher due to very expensive insurance as Li classified as flamable material. I co-managed small company that designed / sell e-scooters, Li is headache on so many

[Dumpinvestor]

Yes you are right. I follow gmg for couple months, last week, I bought 16000 shares based on two reasons. 1. gmg actually delivery what they promised. 2. market cap below 400 mil. thanks for sharing opion

[Dumpinvestor]

I think they made-the coin battery Cr 2032 is just for prove out the concept of new technology. In this stage, gmg try to lure more customers. ev , smart phone, laptop, storage energy where's the big money

[prone]

Fast recharge rate is the future....   Some smaller Lithium batteries take 2-3 hours, so a job requires 3-5 batteries and constant re-charging = painfull..! GMG is a game changer for sure....!