The R&D refund will have a surplus of approximately $500k as they have an LVR of 80%.
Last years surplus combined with the current R&D loan provided $2.6m of funding (paid in November 2021) so one could expect a higher amount next up with what will be spent next FY to complete phase 2.
So that should translate to around another $3m plus into the coffers before the end of this year.
Your wish to see a push on the rotary kiln will be realised as that is exactly what phase 2 with the $3.5m of our spend is focused on, and the 20ktpa of carbon to be produced will have no problem in finding a buyer.
The R&D refund will have a surplus of approximately $500k as...
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0.2¢ |
Change
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Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $93 | 40.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 31018520 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 13974748 | 32 |
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