Second R&D rebate puts Cadoux on path to production

FYI Resources has received a second advanced research and development rebate payment against its expected 2019 R&D tax rebate, with the latest $250,000 cheque adding to the $300,000 paid out on March 27.

Second R&D rebate puts Cadoux on path to production Second R&D rebate puts Cadoux on path to production Second R&D rebate puts Cadoux on path to production Second R&D rebate puts Cadoux on path to production Second R&D rebate puts Cadoux on path to production

FYI’s 99.999% Al2O5 (5N) generated from Cadoux

The funds will go toward development and operation of FYI's pilot plant at the Cadoux kaolin project in Western Australia's Wheatbelt region.