Stavely Minerals Ltd Quarterly Cashflow Report
Key points
- Net cash from operating activities was $(1,079,000) for the quarter
- Stavely Minerals Ltd had cash and cash equivalents of $2,006,000 at the end of September 2026
- Estimated funding available for approximately 1.9 quarters based on current cash flows
Full summary
Stavely Minerals Ltd has released its Quarterly Cashflow Report for the period ending September 2026. The company reported a net cash outflow from operating activities of $1,079,000. This was primarily due to exploration and evaluation costs and administrative expenses. At the end of the quarter, Stavely Minerals Ltd had cash and cash equivalents of $2,006,000. The company estimates that it has sufficient funds to cover approximately 1.9 quarters of operations based on the current cash flow pattern.
Guidance
Estimated funding available for approximately 1.9 quarters
Outlook
The company expects reduced exploration expenditure for the next quarter and reduced corporate costs as annual one-off costs are in the reported quarter.
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