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NuEnergy Gas Ends 2024 with $4.89M Cash, Faces Funding Challenges Ahead

7:03pm on Monday 2nd of June, 2025 AEST Mining
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NuEnergy Gas Ends 2024 with $4.89M Cash, Faces Funding Challenges Ahead

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Net operating cash outflow of $279,000 for the December quarter
  • Capitalised exploration expenditure of $741,000 during the period
  • Cash and cash equivalents stood at $4.89 million at quarter-end
  • Repayment of $90,000 short-term loan from parent company completed
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