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Develop Global Boosts Cash Reserves with $94.7M Financing Surge

8:23am on Wednesday 29th of January, 2025 AEDT Mining
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Develop Global Boosts Cash Reserves with $94.7M Financing Surge

8:23am on Wednesday 29th of January, 2025 AEDT
Key Points
  • Net cash increased by $81.8 million in Q4 2024
  • Strong financing inflows of $94.7 million primarily from borrowings
  • Operating activities generated positive cash flow of $10.9 million
  • Investing activities consumed $23.8 million, including equipment and exploration
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