Ann: Exploration Development Incentive, page-7

Whoa! Just hold on there chaps! This rebate only applies to shares purchased in the SPP, i.e., only up to a maximum of 283,019 shares. On that amount, at the estimated 0.15cps it equates to $424.52 tax rebate. Then you also still have to be holding those shares on the record date later in May (forgot exact date after reading it yesterday) to get the rebate. Alternatively, if you bought that same quantity of shares on the market at, say, 5.1c you'd save yourself $566.03 (less brokerage, say, Comsec $29.99). You only benefit buying in the SPP if you have to pay 5.2c or above on the market. And of course, if you manage to buy on market even lower that 5.1c you will do much better.