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Basin Energy Faces Cash Flow Pressure Amid Exploration Spending Surge

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Basin Energy Faces Cash Flow Pressure Amid Exploration Spending Surge

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Net operating cash outflow of $463,000 for the December quarter
  • Total cash and equivalents at $1.49 million, up from $491,000 last quarter
  • Exploration and evaluation costs remain the primary cash drain
  • No new equity or debt financing raised during the quarter
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