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Tombador Iron Pushes Forward on Colomi Deal with $9.5M Cash in Hand
11:23am on Thursday 31st of July, 2025 AEST
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Mining
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Tombador Iron Pushes Forward on Colomi Deal with $9.5M Cash in Hand
11:23am on Thursday 31st of July, 2025 AEST
Key Points
Cash holdings of AUD 9.549 million as of June 30, 2025
Ongoing acquisition process for Colomi Iron Project with transaction extended to August 17, 2025
No royalty income received during the quarter, but a payment of US$45.4k received post-quarter
Net cash outflow of AUD 1.356 million primarily from operating activities
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