ANQ anaeco limited
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anaeco banks $8.05m r&d tax refund

  1. tobyjack
    9,236 Posts.
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    30/12/13
    10:33
    Post #: 12749349
    AnaeCo banks $8.05M R&D tax refund
    Monday, December 30, 2013 by Proactive Investors

    AnaeCo (ASX: ANQ) has received a $8.05 million tax refund from the Australian Government’s Research and Development Tax Incentive Program in relation to expenditure incurred on the development of its organic material processing system.

    The DiCOM process treats organic mass in a hybrid aerobic/anaerobic process, producing methane rich biogas and organic fertiliser.

    This is being used at the AWT Plant at the Western Metropolitan Regional Council Shenton Park
    Facility in Western Australia.

    The plant is currently undergoing commissioning.
    ANQ Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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