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Tombador Iron Sustains $10.8M Cash Reserves Despite $317k Quarterly Outflow

2:37pm on Friday 31st of January, 2025 AEDT Mining
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Tombador Iron Sustains $10.8M Cash Reserves Despite $317k Quarterly Outflow

2:37pm on Friday 31st of January, 2025 AEDT
Key Points
  • Net cash outflow of $317,000 for the December 2024 quarter
  • Cash and cash equivalents total $10.825 million at quarter-end
  • Operating expenses primarily driven by administration and staff costs
  • No proceeds from equity or debt financing during the quarter
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