Firstly, for your second question have a look at slide 22, and...

Firstly, for your second question have a look at slide 22, and not just the chart.

Now,

"does BLG lose the R&D tax break now that it’s entry level commercial and considered R&D expenditure for some other overseas company"

Paste this in to your preferred search engine - "ato research and development tax incentive"

Go here: https://www.ato.gov.au/Business/Research-and-development-tax-incentive/

Then look at this: https://www.ato.gov.au/business/research-and-development-tax-incentive/eligibility-for-r-d-tax-offsets/

And that took about 10 times longer to paste in than get the answer.

Even if not carried out at Silverwater i.e. in the 2 US locations the salient bit is mostly this, assuming research continues as it needs to;

"Working out for whom the R&D activities are conducted involves determining who receives the major benefit from carrying out the activities (for example, who owns the results of the activities)."

So far the ATO seems to consider, unlike yourself, that the R&D expenditure is not for some other overseas company.

My opinion is they get to keep the R&D tax break but lets wait for the ATO for a final answer, again.

OK, next attempt at FUD.