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SER’s funded Queensland drilling push gains momentum despite cash constraints
9:34am on Wednesday 23rd of September, 2026 AEST
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Mining
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SER’s funded Queensland drilling push gains momentum despite cash constraints
9:34am on Wednesday 23rd of September, 2026 AEST
Key Points
FY26 net loss narrowed to $1.54 million from $2.10 million
Cash increased to $1.84 million after $2.14 million of financing inflows
Fortescue and Sumitomo are funding exploration at Canobie and Bulimba
Diamantina acquisition completed after year-end with further cash and shares
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