AXP 0.00% 0.1¢ axp energy limited

Ann: HOA signed to establish in situ Well site power generation, page-30

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    2. AXP must disclose in each quarterly activities report the following in relation to the
    Proposed Transaction for the relevant quarter:

    2.1. the amount of revenue generated;
    2.2. the amount of government grants and tax incentives accrued;
    2.3. the amount of expenditure incurred (including development, operations, staff and
    administrative and corporate expenditure);
    2.4. the amount of capital and investment expenditure incurred; and
    2.5. any other income generated or expenditure incurred.

    3. AXP must disclose the following as separate line items in each quarterly cashflow report
    (Appendix 5B) in relation to the Proposed Transaction:
    3.1. receipts from EMI;
    3.2. payments made under item 1.2;
    3.3. government grants and tax incentives;
    3.4. payments made under item 2.1; and
    3.5. any other cash receipts or payments.


    = GOOD ON ASX

    Got their eyes firmly fixed on this mob.
 
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