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Ann: Prima receives $1.4m R&D Tax Incentive rebat, page-7

  1. 864 Posts.
    lightbulb Created with Sketch. 28
    re: Ann: Prima receives $1.4m R&D Tax Incenti... We have:

    -$28 million in the bank
    - $5 million saxony grant (not sure whether a tranch as been received)
    - approx $1 million interest on the deposit of $28 mil
    - $1.4 million R&D tax
    - A further $1.4 million or perhaps higher R&D tax refund next Jan.

    Total approx 37 million.

    At $5 million per quarter it is 7 quarters up to September 2014. We have enough time before the next cap raise. Because of its blockbuster nature, the SP should spike before CAN3 and ICS final results, and if they are good then even higher.

    Anyone agree with the calculations??????????

    I live on hope. BOILER seems to have made a clean $20k in a week on BUX, and in the same time I lost a further 30k. The GURU knows when to buy and sell. Our day will come.

    Brainy
 
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