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Magnum Mining Posts $87.7k Cash Outflow Amid $11m Financing Buffer
6:44pm on Sunday 1st of June, 2025 AEST
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Mining
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Magnum Mining Posts $87.7k Cash Outflow Amid $11m Financing Buffer
6:44pm on Sunday 1st of June, 2025 AEST
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
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Magnum Mining and Exploration (ASX:MGU)
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