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Almasar puts A$10.2 million cash behind Saudi exploration push
8:50am on Tuesday 27th of October, 2026 AEDT
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Mining
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Almasar puts A$10.2 million cash behind Saudi exploration push
8:50am on Tuesday 27th of October, 2026 AEDT
Key Points
A$12 million IPO completed before costs and ASX trading began on 31 August
A$10.24 million cash balance at 30 September, equivalent to 9.8 quarters of reported funding
Ground geophysics planned across four Southern Cluster targets in the December quarter
Auger rigs, magnetic equipment and in-house gold-analysis capability being commissioned
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Almasar Minerals (ASX:AMK)
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