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Mont Royal Resources Boosts Cash Reserves Amid Heavy Exploration Spend
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Mont Royal Resources Boosts Cash Reserves Amid Heavy Exploration Spend
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
No revenue receipts recorded for the quarter
Operating cash outflow of $377,000 primarily due to administration and staff costs
Exploration and evaluation expenditure of $307,000 impacting investing cash flows
Cash and cash equivalents increased to $1.75 million from $1.65 million last quarter
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Mont Royal Resources (ASX:MRZ)
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