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How Did Develop Global Secure $161M Financing to Boost Cash Reserves?
8:34am on Tuesday 28th of October, 2025 AEDT
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How Did Develop Global Secure $161M Financing to Boost Cash Reserves?
8:34am on Tuesday 28th of October, 2025 AEDT
Key Points
Operating cash outflow of $9.3 million in Q3 2025
Investing cash outflow of $5.6 million primarily on equipment and exploration
Financing inflow of $161 million mainly from a fully drawn loan facility
Cash and equivalents rose to $203.8 million by quarter end
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