Quarterly Activities Report & Appendix 4C Cash Flow Report
| Stock | SSH Group Ltd (SSH.ASX) |
|---|---|
| Release Time | 29 Apr 2025, 9:57 a.m. |
| Price Sensitive | Yes |
SSH Group Ltd Reports Quarterly Activities and Cash Flow
- Positive net operating cash flow of $45.1m
- Preferred tenderer status secured for Gold Duke Project
- Strategic alliance formed with Pure Resources for Reedy Creek Garnet Project
SSH Group Ltd has released its Quarterly Activities Report and Appendix 4C Cash Flow Report, highlighting several key developments. The company reported positive net operating cash flow of $45.1m during the quarter, a strong financial performance. SSH Group also announced that it has been selected as the preferred tenderer for the Gold Duke Project, a significant milestone that positions the company well for future growth. Additionally, the company has formed a strategic alliance with Pure Resources for the Reedy Creek Garnet Project, leveraging the complementary strengths of both organizations to drive progress in this venture. The report also mentions the company's plans to acquire 100% of Total Contract Mining, a move that will strengthen SSH Group's capabilities in surface and underground mining. The report provides a comprehensive overview of the company's activities and financial position, demonstrating its ongoing commitment to delivering value for shareholders.