AusIndustry, the government agency responsible for administering the R&D Tax Incentive Program have been undertaking compliance reviews (section 27F of the Industry Research and Development Act 1986) of a number of junior explorers in regards to their Company’s claimed research and development activities.
Fairstar may be one of these, wouldn’t want to be a Director past and present for quids on this one!
Like the 3B mine for this mob this claimed R&D research mine is also about to go into care and maintenance. Good bye. Good luck to all others.
R&D Tax Incentive Program
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