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Macarthur Minerals Posts A$25.6M Loss Amid Hematite Project Sale
12:02pm on Friday 14th of February, 2025 AEDT
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Macarthur Minerals Posts A$25.6M Loss Amid Hematite Project Sale
12:02pm on Friday 14th of February, 2025 AEDT
Key Points
Reported net loss of A$25.6 million for nine months to December 2024
Loss primarily due to A$22 million write-down from Hematite Project sale
Cash reserves declined to A$79,114 at period end
Company secured A$1.28 million via private placement during period
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Macarthur Minerals (ASX:MIO)
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