What really doesn’t add up for me is that for $700k salaries and massive R&D spends, an ‘off the shelf’ processing plant will be employed (if financed). I would have expected significant process innovation and optimisation, rather than a very run of the mill approach.
Begs the question, what has all that taxpayer and shareholder money been spent on over the years?... the ATO seems to be asking the same question.
Ann: Quarterly Activities and Cashflow Report, page-19
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| EGR (ASX) Chart |