Peninsula Energy Ltd Quarterly Cashflow Report
Key points
- Peninsula Energy reported a net cash outflow of $11.5 million for the current quarter
- The company fully drew down a $30 million convertible debt facility post-quarter end
- Estimated cash reserves are sufficient for 1.9 quarters of funding
Full summary
Peninsula Energy Ltd's quarterly cash flow report for the quarter ended 30 June 2026 reveals a net cash outflow of $11.5 million from operating activities, primarily due to exploration and evaluation costs. The company also experienced outflows from investing activities, totaling $6.8 million. However, significant inflows from financing activities, including a $56 million funding package, helped boost the company's cash reserves. Post-quarter end, Peninsula Energy fully drew down a $30 million convertible debt facility, improving its cash position. The company anticipates a shift to positive cash flows as uranium sales from the Lance Project commence.
Guidance
Estimated cash reserves sufficient for 1.9 quarters of funding
Outlook
The company anticipates a shift to positive cash flows as uranium sales from the Lance Project commence.
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