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How Queste Communications’ $3M Royalty Receipt Bolsters Its Cash Reserves
2:31pm on Thursday 5th of June, 2025 AEST
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Financial Services
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How Queste Communications’ $3M Royalty Receipt Bolsters Its Cash Reserves
2:31pm on Thursday 5th of June, 2025 AEST
Key Points
May 2025 net operating cash outflow of $28,000
Received $3 million from iron-ore royalty termination via controlled entity
Cash and cash equivalents at $4.12 million at month-end
Unsecured $400,000 loan facility with 10% interest maturing December 2025
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Queste Communications (ASX:QUE)
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