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Andromeda Metals Nets $2.34M R&D Tax Refund Boosting Great White Project
10:31am on Monday 20th of January, 2025 AEDT
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Andromeda Metals Nets $2.34M R&D Tax Refund Boosting Great White Project
10:31am on Monday 20th of January, 2025 AEDT
Key Points
Received $2.34 million R&D tax refund from Australian Government
Eligible R&D expenditure of $5.4 million reported for FY2024
Advance Finding certificate secures refundable tax offsets at 43.5% over three years
Stage 1A+ of Great White Project R&D expenditure expected to total $26 million
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