Develop Global Limited reported a robust increase in cash reserves for the December 2024 quarter, driven by significant financing inflows despite ongoing operational and investing outflows.
Lotus Resources has locked in US$38.5 million in financing to support the restart and ramp-up of its Kayelekera uranium project in Malawi, targeting positive cash flow by Q3 2025.
West African Resources Limited reported a robust cash position of A$391.7 million at the end of December 2024, despite significant outflows driven by exploration and operational costs. The company maintains substantial financing facilities, positioning it well for ongoing development.