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Basin Energy Faces Cash Flow Pressure Amid Exploration Spending Surge
11:55am on Thursday 30th of January, 2025 AEDT
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Mining
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Basin Energy Faces Cash Flow Pressure Amid Exploration Spending Surge
11:55am on Thursday 30th of January, 2025 AEDT
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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Basin Energy (ASX:BSN)
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