Great news for the end of the week. Will save the company money too:
"The French subsidiary will be in a position to access the concessional treatment offered in France on a broad base of expenses, including research and development (“R&D”) tax credits, innovation expenditure and depreciation allowances. The French subsidiary will be eligible to claim tax credits in France on a proportion of its R&D expenses, as well as credits on certain employment costs including expenses on salaried staff, research scientists and technicians, freeing critical resources for further SiOx project development".
Look forward to Monday and the following few months. Great way to finish off the trading week, with positive announcement.
WBT Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
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