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Great Dirt Resources Boosts Cash Position with R&D Tax Rebate

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Great Dirt Resources Boosts Cash Position with R&D Tax Rebate

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An update from Great Dirt Resources Ltd ( (AU:GR8) ) is now available.

Great Dirt Resources Ltd has received a Research and Development Tax Incentive rebate of approximately $335,000 from the Australian Taxation Office. This rebate, related to innovative geological and modelling programs conducted during the 2023–2024 financial year, strengthens the company’s cash position and supports its exploration strategy. The funding highlights Great Dirt’s commitment to technical innovation and provides financial support for advancing its projects, potentially impacting its operations and industry positioning positively.

More about Great Dirt Resources Ltd

Great Dirt Resources Ltd is a company involved in the exploration and development of high-grade manganese projects, with a focus on the Doherty and Basin Projects in northern New South Wales and the Nullagine Project in Western Australia. The company has a history of producing battery and metallurgical grade manganese and is expanding its portfolio to include lithium exploration in Western Australia.

Average Trading Volume: 22,394

Technical Sentiment Signal: Sell

For detailed information about GR8 stock, go to TipRanks’ Stock Analysis page.

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