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Hastings Technology Metals Faces $2.29M Operating Cash Outflow Amid Heavy Investments

6:51pm on Thursday 30th of January, 2025 AEDT Mining
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Hastings Technology Metals Faces $2.29M Operating Cash Outflow Amid Heavy Investments

6:51pm on Thursday 30th of January, 2025 AEDT
Key Points
  • Net operating cash outflow of $2.29 million for the quarter
  • Capital expenditure on property, plant, and equipment totals $10.39 million
  • Raised $5.36 million through new borrowings during the quarter
  • Cash balance stands at $8.88 million at quarter-end
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