Latest Cash Flow News

Strike Energy has taken a final investment decision on its South Erregulla 85 MW peaking gas power station and confirmed significant gas discoveries at Erregulla Deep and Walyering East-1, positioning the company for growth amid a strategic leadership transition.

Auric Mining Limited reports a robust cash flow quarter ending December 31, 2024, with current assets reaching approximately $10 million and ongoing cash inflows from its joint venture at Jeffreys Find Gold Mine.

EVZ Limited reported a robust $3.2 million net positive operating cash inflow in Q2 FY25, bolstered by new contract wins worth approximately $28 million and a healthy $110 million contract backlog.

Leo Lithium Limited reports a robust cash position of $269.3 million following the sale of a 40% stake in MLBV, underpinning its financial strength amid ongoing operational expenditures.

Zinc of Ireland NL has applied for a new exploration licence in Western Australia's Murchison region, signaling a strategic pivot towards gold while refining its zinc and lead assets in Ireland and exiting Canadian holdings.

OZZ Resources reports a promising scoping study for its Maguires Reward gold project, highlighting potential positive cash flow despite limited exploration activity during the December 2024 quarter.

Newfield Resources clarifies its $10 million loan facility status, postpones key sampling work, and updates on ongoing dispute with Octea Limited, signaling cautious navigation through financial and operational challenges.

Hastings Technology Metals Ltd reported a $2.29 million net cash outflow from operating activities in the December 2024 quarter, alongside significant capital expenditure and new borrowings, highlighting a critical phase in its project development.

Mantle Minerals reports encouraging drilling results confirming Hemi-style gold mineralisation at Mount Berghaus and Roberts Hill, setting the stage for expanded exploration in 2025.

Orbital Corporation Ltd reports a strong quarterly update with 29 engines delivered, a debt-free balance sheet, and significant R&D grant funding supporting new engine development.

QX Resources has renegotiated its lithium brine project options in the US to reduce upfront costs while expanding its footprint, alongside progressing promising gold exploration in Queensland. The company ends the quarter with a modest cash position, underscoring the need for careful capital management.

Focus Minerals Ltd. reported record ore processing at its Three Mile Hill plant and significant progress on the Bonnie Vale Underground Mine during the December 2024 quarter, supported by a solid cash position of $16.5 million.