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Latitude 66 Ltd Reports $1.75M Cash Outflow, Plans Share Sales to Sustain Operations
8:18am on Thursday 30th of January, 2025 AEDT
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Mining
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Latitude 66 Ltd Reports $1.75M Cash Outflow, Plans Share Sales to Sustain Operations
8:18am on Thursday 30th of January, 2025 AEDT
Key Points
Net cash outflow of $1.75 million for the December 2024 quarter
Cash and cash equivalents at $2.18 million at quarter-end
Reduced exploration and administrative costs expected from Q1 2025
Plans to sell $850,000 worth of shares to support funding
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Latitude 66 (ASX:LAT)
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