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Peninsula Energy Navigates $18.9M Lance Project Spend Amid $24.2M Cash Buffer
4:06am on Monday 2nd of June, 2025 AEST
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Mining
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Peninsula Energy Navigates $18.9M Lance Project Spend Amid $24.2M Cash Buffer
4:06am on Monday 2nd of June, 2025 AEST
Key Points
Operating cash outflow of $1.917 million for the quarter
Investing cash outflow of $18.893 million primarily on Lance Project development
Quarter-end cash and equivalents of $24.193 million
Estimated 13 quarters of funding available excluding capital development costs
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