Elixir has now received an Advanced Finding from the Australian Government’s Department of Industry, Science and Resources that that activities associated with the Daydream-2 project will qualify as eligible R&D Activities for the purpose of the R&D Tax Incentive. Subject to other eligibility requirements, eligible expenditure associated with these R&D activities may be claimed as a refundable R&D offset equal to 43.5% of the expenditure on eligible R&D activities. This primarily reflects the innovative technologies developed over the last decade to enhance stimulation techniques since BG Group (now Shell) drilled in the Taroom Trough.
where tose Tax payers money come from >>??
investors very badly burnt in investing in Bad diligence and governance of EXR >> are not getting any refund to have taken advice by Licensed advisors and continuous good news of Neil >>is the stockmarket working for ATO ???????????????????????????? round of applause for the Law makers
EXR Price at posting:
8.8¢ Sentiment: None Disclosure: Held
