NT Minerals Limited reported a mixed cash flow quarter ending December 2025, with ongoing operational losses offset by strong investing inflows and a solid funding buffer. The company signals confidence in continuing operations despite tight liquidity.
- Net cash used in operating activities, AUD 675,000
- Net cash from investing activities, AUD 1,023,000
- Cash and equivalents at quarter end, AUD 78,000
- Unused financing facilities available – AUD 1,560,000
- Estimated funding runway of approximately 1.88 quarters
Quarterly Cash Flow Overview
NT Minerals Limited has released its cash flow report for the quarter ended 31 December 2025, revealing a challenging but manageable liquidity position. The company recorded a net cash outflow of AUD 675,000 from operating activities, reflecting ongoing expenditure in exploration and evaluation, staff costs, and administration. This negative operating cash flow is typical for a company in the exploration stage, which does not yet generate revenue from production.
Offsetting this, NT Minerals reported a net cash inflow of AUD 1,023,000 from investing activities, primarily driven by proceeds from asset disposals. This inflow helped to partially mitigate the operational cash burn and provided some breathing room for the company’s finances.
Liquidity and Funding Position
At the end of the quarter, NT Minerals held just AUD 78,000 in cash and cash equivalents, a modest amount that underscores the tightness of its immediate liquidity. However, the company benefits from unused financing facilities totaling AUD 1,560,000, primarily from a secured convertible note facility with a face value of AUD 2.5 million, of which AUD 940,000 remains drawn.
Combining cash on hand and available credit, NT Minerals has total available funding of AUD 1,638,000. Based on current cash outflows, the company estimates this funding will sustain operations for approximately 1.88 quarters. This runway is short but sufficient to maintain exploration activities while the company pursues additional capital raising options.
Operational Outlook and Funding Strategy
Despite the negative operating cash flow, NT Minerals expresses confidence in its ability to continue operations. The company acknowledges that it does not currently generate operating income but expects to secure further funding through planned capital raises. While no equity or debt issuances occurred during the quarter, management indicates ongoing discussions and a belief that future fundraising efforts will be successful.
Additionally, NT Minerals holds liquid ASX-listed shares, which it considers a valuable asset to support liquidity if needed. Payments to related parties amounted to AUD 123,000 during the quarter, a figure disclosed transparently in compliance with ASX rules.
Compliance and Governance
The report confirms full compliance with ASX Listing Rule 5.5 and relevant accounting standards. The company’s board has authorised the release of this statement, affirming that the financial records are maintained appropriately and that the cash flow report presents a true and fair view of the company’s financial position.
Overall, NT Minerals is navigating the typical financial pressures of an exploration-stage mining company, balancing cash burn with asset sales and available credit. The coming quarters will be critical as the company seeks to extend its funding runway and progress its exploration objectives.
Bottom Line?
With less than two quarters of funding available, NT Minerals’ next capital moves will be pivotal for its survival and growth.
Questions in the middle?
- What are the specific plans and timelines for NT Minerals’ upcoming capital raises?
- How will the company manage operational costs if fundraising takes longer than expected?
- What impact will related party payments have on future cash flow and governance perceptions?