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AngloGold cash offers Matsa a lifeline as Devon dispute deepens
1:49pm on Wednesday 28th of October, 2026 AEDT
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Mining
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AngloGold cash offers Matsa a lifeline as Devon dispute deepens
1:49pm on Wednesday 28th of October, 2026 AEDT
Key Points
$39.4 million FY2026 net loss, versus a $1.4 million profit in FY2025
Devon produced 7,317 ounces sold but operated at a loss and remains suspended
Negative net assets of $0.8 million and $28.0 million operating cash outflow
AngloGold agreed to acquire selected Lake Carey tenements for $55 million
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Matsa Resources (ASX:MAT)
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