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How Meeka Metals Built a $55.6M Cash War Chest Amid Exploration Spending

8:31am on Wednesday 30th of July, 2025 AEST Mining
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How Meeka Metals Built a $55.6M Cash War Chest Amid Exploration Spending

8:31am on Wednesday 30th of July, 2025 AEST
Key Points
  • Net operating cash outflow of $642,000 for the quarter
  • Investing activities consumed $42.4 million, mainly on exploration
  • Financing activities generated $56.8 million, driven by equity and borrowings
  • Cash balance stands at $55.6 million, supporting 75 quarters of funding
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