Eastern Resources Limited reported a modest cash outflow from operations in the December 2025 quarter but retains a robust cash balance supporting over 18 quarters of funding.
- Net operating cash outflow of AUD 20,000 for the quarter
- Capitalised exploration expenditure of AUD 160,000 during the quarter
- Cash and cash equivalents at AUD 3.264 million at quarter end
- No new equity or debt financing raised in the period
- Estimated funding runway exceeds 18 quarters based on current cash
Quarterly Cash Flow Overview
Eastern Resources Limited has released its December 2025 quarterly cash flow report, revealing a modest net cash outflow of AUD 20,000 from operating activities. This figure reflects ongoing expenditure primarily related to exploration and evaluation, which the company capitalised at AUD 160,000 during the quarter. Year-to-date, the net operating cash outflow stands at AUD 62,000, with capitalised exploration costs totalling AUD 405,000.
Cash Position and Liquidity
Despite the operating outflows, Eastern Resources ended the quarter with a healthy cash and cash equivalents balance of AUD 3.264 million, a slight decrease from AUD 3.444 million at the previous quarter’s end. The company did not engage in any financing activities during the period, with no proceeds from equity or debt issuances. Importantly, the report estimates that, based on current expenditure levels, Eastern Resources has sufficient cash to fund its operations for over 18 quarters, underscoring a strong liquidity position.
Related Party Payments and Governance
The company disclosed payments totaling AUD 116,000 to related parties, which include directors’ fees and consultancy services at commercial rates. This transparency aligns with good governance practices and provides investors with clarity on related party transactions. The report also confirms compliance with relevant accounting standards and affirms that the financial disclosures present a true and fair view of the company’s cash flows.
Outlook and Considerations
While the report does not provide forward guidance or operational updates, the strong cash position offers Eastern Resources a solid foundation to continue its exploration activities without immediate funding pressures. However, the absence of new financing raises questions about the company’s plans for capital raising or operational scaling. Investors will be watching closely for forthcoming announcements on exploration results or strategic initiatives that could impact the company’s financial trajectory.
Bottom Line?
Eastern Resources’ solid cash reserves provide a comfortable buffer, but upcoming exploration outcomes and funding decisions will be pivotal.
Questions in the middle?
- What are Eastern Resources’ plans for capital raising given no financing activity this quarter?
- How will ongoing exploration results influence future expenditure and funding needs?
- Are there any anticipated changes in operating cash flows that could affect the current funding runway?