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Argosy Minerals Navigates Cash Flow Challenges with $6M Buffer
8:18am on Tuesday 28th of January, 2025 AEDT
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Mining
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Argosy Minerals Navigates Cash Flow Challenges with $6M Buffer
8:18am on Tuesday 28th of January, 2025 AEDT
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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