Key points
- Strong operating cash inflow of A$73 million
- Significant investing cash outflow of A$122.7 million for capital expenditure
- Financing cash outflow of A$14.1 million, including interest payments
Full summary
West African Resources Ltd has released its Quarterly Cashflow Report for the period ended 31 March 2025. The company reported a strong operating cash inflow of A$73 million, driven by receipts from customers of A$218.6 million. This was partially offset by payments to suppliers and employees of A$127.6 million, as well as income taxes paid of A$19.9 million. The company also received A$2.4 million in interest income. Investing activities resulted in a cash outflow of A$122.7 million, primarily for payments of A$122.5 million for property, plant, and equipment, and A$209,000 for exploration and evaluation activities. Financing activities used A$14.1 million in cash, including A$8.7 million in interest paid on borrowings and A$1.6 million in lease liability payments. The company ended the quarter with A$330.6 million in cash and cash equivalents.