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Rey Resources Advances Exploration Amid Tight Cash Reserves

12:04pm on Thursday 30th of January, 2025 AEDT Oil and Gas
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Rey Resources Advances Exploration Amid Tight Cash Reserves

12:04pm on Thursday 30th of January, 2025 AEDT
Key Points
  • Quarter-end cash balance of $276,000 with $7.09 million in unused loan facilities
  • Surrender of non-prospective EP458 exploration permit
  • Preparations underway for 3D seismic survey on Derby Block (EP487)
  • Completion of Gulliver Production disposal with $350,000 received
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