middle.news

Magnum Mining Posts $87.7k Cash Outflow Amid $11m Financing Buffer

4:20pm on Thursday 30th of January, 2025 AEDT Mining
Read Story

Magnum Mining Posts $87.7k Cash Outflow Amid $11m Financing Buffer

4:20pm on Thursday 30th of January, 2025 AEDT
Key Points
  • Net cash outflow of $87.68k for the December 2024 quarter
  • Exploration and corporate costs remain primary cash drains
  • Cash and cash equivalents at $332.81k at quarter end
  • Unused unsecured financing facility of $11 million available
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Magnum Mining and Exploration (ASX:MGU)
OPEN ARTICLE