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Why Did Besra Gold’s Quarterly Loss Widen to $3.47M Despite $9.36M Cash?

8:28am on Friday 14th of November, 2025 AEDT Mining
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Why Did Besra Gold’s Quarterly Loss Widen to $3.47M Despite $9.36M Cash?

8:28am on Friday 14th of November, 2025 AEDT
Key Points
  • Q1 loss widens to US$3.47 million from US$2.75 million a year prior
  • Finance accretion costs of US$2.43 million linked to gold purchase agreement with Quantum Metal Recovery
  • Impairment of exploration assets due to non-renewal of key mining licenses
  • Net liabilities deepen to US$31.79 million despite US$9.36 million cash reserves
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