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Energy Resources of Australia Faces $183.9M Cash Outflow Amid $766.5M Equity Raise

9:30am on Tuesday 28th of January, 2025 AEDT Mining
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Energy Resources of Australia Faces $183.9M Cash Outflow Amid $766.5M Equity Raise

9:30am on Tuesday 28th of January, 2025 AEDT
Key Points
  • Q4 2024 net cash outflow of $183.9 million
  • Rehabilitation payments totalled $46.97 million for the quarter
  • Raised $766.5 million via equity securities in November 2024
  • Operating cash flows remain negative at $50.4 million for the quarter
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