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Stavely Minerals Navigates $1.6M Cash Outflow with Strategic Spending Cuts
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Stavely Minerals Navigates $1.6M Cash Outflow with Strategic Spending Cuts
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Net cash outflow of $1.593 million from operating activities in Q4 2024
Cash and cash equivalents stood at $2.673 million at quarter-end
Reduced exploration expenditure planned for March 2025 quarter
No new borrowings; equity fundraising remains a monitored option
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