Pleased to see the government is supportive of this Innovative company.
Hiring quality staff in this area is getting tougher and tougher and can make or break. this allows LBT to look ahead and establish additional applications for this technology. the need to assess samples and ensure accuracy and quality is paramount and needed in multiple industries. this is an important longer term play and should mean LBT can recruit quality staff, pay market rates and not have to rely on market capital raising for this activity.
DYOR
Ann: Finalisation of SA Government Loan Facility Agreement, page-3
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