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News: Waratah Resources banks research and development tax refund

  1. Waratah Resources (ASX:WGO) has received a $491,920 refund under the Federal Government’s Research and Development Tax Incentive Scheme.

    Under the Scheme, the company was entitled to a cash refund of $0.45 per dollar spent on eligible R&D expenditure.

    During the December Quarter 2014, the company continued to work towards developing and implementing a logistics network for the supply of commodities.

    It also continued to evaluate and assess the Mekambo‐Est Iron Ore Project in Gabon.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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