I'm giving some thought to the possibility that the value of this R & D refund suggests that about 1.8m of the expenditure to earn the refund was possibly shown under "Production" in the 4Cs.
I'm going to rework some of my calculations based on this theory and expect to see my estimate of the unit cost drop. How much I do not know yet.
Do you have any thoughts re this?
NUH
Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
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