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Antares Metals Posts $704k Cash Outflow in Q4, Holds $2.97m Cash Reserves

9:54am on Friday 24th of January, 2025 AEDT Mining
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Antares Metals Posts $704k Cash Outflow in Q4, Holds $2.97m Cash Reserves

9:54am on Friday 24th of January, 2025 AEDT
Key Points
  • Net cash used in operating activities of $704,000 for Q4 2024
  • Cash and cash equivalents at $2.965 million at quarter-end
  • Estimated 3.7 quarters of funding available based on current outgoings
  • No new borrowings or financing facilities drawn during the quarter
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