middle.news

MEC’s cash buffer meets legal uncertainty around PEP11

7:50pm on Wednesday 21st of October, 2026 AEDT • Investment and Energy
Read Story

MEC’s cash buffer meets legal uncertainty around PEP11

7:50pm on Wednesday 21st of October, 2026 AEDT
Key Points
  • $1.275 million cash balance at 30 September
  • $108.7k quarterly cash outflow and 11.9 quarters of estimated funding
  • Advent subsidiary appeals Federal Court dismissal over PEP11 applications
  • Onshore Energy remains in voluntary administration with its future uncertain
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Mec Resources (ASX:MMR)
OPEN ARTICLE