Mining Exploration, Development & Creation of Wealth

Knobby22 said:

From what I've heard it's a lack of capital.

Click to expand...

Would be interesting to compare this trend here with wirld wide situation, or better western vs non western countries but not easy...

Knobby22 said:

From what I've heard it's a lack of capital.

Click to expand...

there are some incentives ...

JMEI credits of $1,488,500 – the maximum possible for financial year 2024/25 – available to companies for potential distribution to eligible shareholders.

The JMEI scheme encourages investment in exploration companies that carry out greenfield mineral exploration in Australia, by allowing these companies to give up a portion of their tax losses for potential distribution to eligible investors.