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Ann: Market Update, page-17

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  1. 36 Posts.
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    Great, thanks for your well considered response.

    I'm also unclear how they are accounting for their R&D expenses in the gas detection/LIDAR program - December quarter had $106,000 of R&D costs and March is forecast to be $28,000. I would have thought this would be a great deal higher after the $2.5m cap raise?
 
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