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Novo’s stronger balance sheet faces a December cash test

8:18am on Monday 9th of November, 2026 AEDT • Mining
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Novo’s stronger balance sheet faces a December cash test

8:18am on Monday 9th of November, 2026 AEDT
Key Points
  • C$4.9 million nine-month loss, down from C$10.4 million
  • C$8.4 million cash and short-term investments at September 30
  • C$16.4 million fair value uplift on San Cristobal Mining shares
  • C$3.7 million operating cash outflow for nine months
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