NT Minerals Reports A$590K Operating Cash Burn, A$1.07M Investing Inflows in Q3
NT Minerals Limited reported a net cash outflow of A$590,000 for Q3 2025 but bolstered its liquidity with A$1.07 million from investing activities, leaving it with over two quarters of funding runway.
- Net cash used in operating activities, A$590,000
- Net cash provided by investing activities, A$1.07 million
- No equity or debt financing raised during the quarter
- Secured A$2.5 million convertible facility with A$1.56 million undrawn
- Estimated funding runway of 2.17 quarters based on current outgoings
Quarterly Cash Flow Overview
NT Minerals Limited has released its cash flow report for the quarter ended 30 September 2025, revealing a net cash outflow of A$590,000 from operating activities. This reflects ongoing expenditure primarily related to exploration and evaluation, staff costs, and corporate overheads. Despite this operational cash burn, the company generated A$1.07 million from investing activities, largely due to asset disposals, which helped offset the cash outflow.
Funding Position and Liquidity
The company’s liquidity position remains supported by a secured convertible facility valued at A$2.5 million, of which A$1.56 million remains available for drawdown. Combined with the modest cash balance of A$11,000 at quarter-end, NT Minerals reports total available funding of approximately A$1.57 million. This funding base translates into an estimated 2.17 quarters of operational runway, assuming current expenditure levels persist.
Capital and Financing Activities
Notably, NT Minerals did not undertake any equity or debt financing activities during the quarter, nor did it pay or receive dividends. The absence of fresh capital raises suggests the company is currently managing its cash flow through existing facilities and asset sales. Payments to related parties amounted to A$157,000, a figure disclosed in compliance with ASX regulations but without further detail on the nature of these transactions.
Compliance and Outlook
The company confirmed full compliance with ASX Listing Rule 19.11A and Australian accounting standards, providing assurance on the accuracy and transparency of the reported figures. While the cash runway extends beyond two quarters, the relatively tight liquidity position underscores the importance of monitoring upcoming operational costs and potential funding needs. Investors will be watching closely for any strategic moves to bolster the balance sheet or accelerate exploration progress.
Bottom Line?
NT Minerals maintains a cautious but stable cash position, with funding runway just over two quarters, setting the stage for critical decisions ahead.
Questions in the middle?
- What are the specific plans for utilising the remaining convertible facility?
- How will the company address the relatively low cash balance amid ongoing exploration costs?
- What is the nature and impact of payments to related parties on future cash flows?
