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ADX Energy Maintains Strong Cash Position Amid $2.18M Exploration Spend in Q1 2025
4:49am on Monday 2nd of June, 2025 AEST
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Energy
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ADX Energy Maintains Strong Cash Position Amid $2.18M Exploration Spend in Q1 2025
4:49am on Monday 2nd of June, 2025 AEST
Key Points
Operating cash inflow of A$93,000 for the quarter
Investing cash outflow of A$2.179 million primarily on exploration and evaluation capitalised costs
Financing cash outflow of A$452,000 mainly due to loan repayments and rental funding
Closing cash and equivalents balance of A$6.671 million
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