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West African Resources Strengthens Cash Position Amid Heavy Exploration Spend
8:26am on Wednesday 22nd of January, 2025 AEDT
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Mining
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West African Resources Strengthens Cash Position Amid Heavy Exploration Spend
8:26am on Wednesday 22nd of January, 2025 AEDT
Key Points
Net cash increased to A$391.7 million by December 2024 quarter-end
Operating cash inflows of A$76.3 million offset by heavy investing outflows
Significant payments for exploration and evaluation activities
Secured loan facilities totaling A$410.6 million with additional unsecured credit lines
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West African Resources (ASX:WAF)
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