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FireFly Metals Narrows Losses Amid Rising Cash and Strategic Acquisitions

8:38am on Friday 14th of February, 2025 AEDT Mining
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FireFly Metals Narrows Losses Amid Rising Cash and Strategic Acquisitions

8:38am on Friday 14th of February, 2025 AEDT
Key Points
  • Half-year loss narrowed to A$5.731 million from prior period's A$15.5 million
  • Cash and cash equivalents surged to A$76 million, more than doubling since June 2024
  • Exploration and evaluation assets increased to A$196 million following Tilt Cove acquisition
  • Rehabilitation provision rose due to updated closure plans for Green Bay project
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