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Sky Metals Maintains Strong Cash Reserves Amid Exploration Spend

10:14am on Thursday 30th of January, 2025 AEDT Mining
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Sky Metals Maintains Strong Cash Reserves Amid Exploration Spend

10:14am on Thursday 30th of January, 2025 AEDT
Key Points
  • Net cash outflow from operating activities of A$456,000 in the quarter
  • Exploration and evaluation expenses totalled A$527,000 this quarter
  • Investing activities used A$529,000, primarily on exploration and equipment
  • Financing activities contributed A$5.7 million from equity issuance
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