FAS fairstar resources limited

No, too late to claim R&D for previous years. I was informed...

  1. 1,751 Posts.
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    No, too late to claim R&D for previous years. I was informed that a claim must be made within 9 months of the company financial report being lodged for the relevant year in question. Meaning they missed the boat for the 2013 financial year. No icing on the cake for them for that year.

    Also, misinformation by some again, read the ASX releases in date order.

    Sheldon Coates has not received a cent from the R&D rebate for the 2014 financial year as the receiver and manager was appointed on the 9th July, two months after the R&D rebate totaling $698,000 was received and distributed in May, thence attributed to exploration activities for the June 2015 quarterly report.

    Again, not a single soil sample, drill hole, metallurgical test etc. etc etc. I wonder where the monies went, to the Robertson clan or others. God bless them! Keeping shareholders informed and balancing the view. Dyor, please.
 
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