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Eastern Resources Reports $52K Operating Cash Outflow, $3.77M Reserves Secure 19 Quarters

9:42am on Tuesday 28th of January, 2025 AEDT Mining
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Eastern Resources Reports $52K Operating Cash Outflow, $3.77M Reserves Secure 19 Quarters

9:42am on Tuesday 28th of January, 2025 AEDT
Key Points
  • Operating activities resulted in a $52,000 net cash outflow for the quarter
  • Capitalised exploration and evaluation expenses totalled $143,000
  • Cash and cash equivalents stood at $3.774 million at quarter-end
  • Estimated funding runway extends to approximately 19.3 quarters
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