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Agrimin Limited Faces Cash Flow Tightening, Eyes Capital Raise to Sustain Operations

8:55am on Wednesday 29th of January, 2025 AEDT Mining
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Agrimin Limited Faces Cash Flow Tightening, Eyes Capital Raise to Sustain Operations

8:55am on Wednesday 29th of January, 2025 AEDT
Key Points
  • Cash reserves declined to $1.66 million by December 31, 2024
  • Operating cash outflows totaled $393,000 for the quarter
  • Investing activities consumed $251,000, primarily in exploration
  • No new borrowings or equity issues reported during the quarter
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