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Develop Global Boosts Cash Reserves with $94.7M Financing Surge
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Develop Global Boosts Cash Reserves with $94.7M Financing Surge
7:03pm on Monday 2nd of June, 2025 AEST
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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