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Argosy Minerals Navigates Cash Flow Challenges with $6M Buffer

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Argosy Minerals Navigates Cash Flow Challenges with $6M Buffer

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Net cash used in operating activities totaled $187,000 for the quarter
  • Significant investing outflows of $1.37 million primarily for exploration and evaluation
  • No proceeds from equity or debt financing during the quarter
  • Cash and equivalents stood at $5.96 million at quarter-end
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