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Latitude 66 Secures $750k Loan Amid Tight Cash Flow and JV Sale Plans

7:02am on Thursday 31st of July, 2025 AEST Mining
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Latitude 66 Secures $750k Loan Amid Tight Cash Flow and JV Sale Plans

7:02am on Thursday 31st of July, 2025 AEST
Key Points
  • Net cash outflow from operating activities of A$1.339 million for the quarter
  • Cash reserves dropped to A$436,000 at quarter end
  • Entered unsecured $750,000 short-term loan post-quarter related to Greater Duchess JV sale
  • Plans to reduce expenditure next quarter to conserve cash
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