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Great Western Exploration Raises $3.6M, Holds $4.74M Cash Amid Operating Outflows

8:20am on Friday 24th of January, 2025 AEDT Mining
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Great Western Exploration Raises $3.6M, Holds $4.74M Cash Amid Operating Outflows

8:20am on Friday 24th of January, 2025 AEDT
Key Points
  • Net operating cash outflow of $191,000 for the quarter
  • Capital raise of $3.6 million strengthens cash position
  • Cash and cash equivalents total $4.74 million at quarter-end
  • Exploration and evaluation expenditure of $724,000 capitalised
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