Re: NOR R&D and Government Grants etc R&D is paid by the Government once per financial year as per previous NOR Quarterlies. As such, NOR will not receive anything until after 30 June. The $274k from Radium is fully drawn and due to mature on 30/11/20 as per previous Q. R&D expenditure has dropped from $308k to $281k to $236 over the last 3 quarters. There is a trend. The Government Grants received since listing are: 30/06/17 $1.37m 30/06/18 $0.959m 30/06/19 $0.878m 31/12/19 $0.713m There is another trend. Did Radium extend the R&D facility amount during the March Q? Let's see. PS I hope everyone appreciates nearly $4m of tax-payer dollars going to NOR... All imo.
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