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Meeka Metals Secures $55M Cash, Extends Funding Runway to Nearly 30 Quarters
7:03pm on Monday 2nd of June, 2025 AEST
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Meeka Metals Secures $55M Cash, Extends Funding Runway to Nearly 30 Quarters
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Cash balance of $55.259 million at quarter end
Net operating cash outflow of $1.602 million for the quarter
Exploration and evaluation expenditure of $255,000 classified as investing activity
Estimated funding runway of 29.8 quarters based on current cash burn
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Meeka Metals (ASX:MEK)
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