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Argosy Minerals Limited (ASX:AGY)

ALERT: Price-sensitive ASX Announcement for AGY
Current share price for AGY : $0.046 -0.041 (-47.13%)+
Announcement
Release
30 Jan 2026 8:12AM
Price at Release
$0.087
Full Release
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Summary
Argosy Minerals Limited's quarterly cash flow report for December 2025 indicates a net cash outflow of $211,000 from operating activities largely due to staff and administration costs. The company reported a net cash outflow of $432,000 from investing activities, primarily in exploration and development. Financing activities provided $300,000 from the exercise of options, resulting in a net cash decrease of $368,000 for the period. The company finished the quarter with $4.259 million in cash equivalents, estimating sufficient funding for 20 quarters. Payments to related parties totaled $223,000 during the quarter.
Key Points
  • Argosy Minerals Limited reported a net cash decrease in operating activities of $211,000 for the current quarter.
  • No cash flow was reported from customer receipts, and significant expenses were made in staff and corporate costs.
  • Investing activities resulted in a net cash outflow of $432,000, primarily due to development and exploration expenditures.
  • The company secured $300,000 from the exercise of options in financing activities.
  • Overall, there was a net decrease of $368,000 in cash equivalents, resulting in a closing balance of $4.259 million.
  • Payments to related parties in operating activities amounted to $171,000, and $52,000 in investing activities.
  • The company had no financing facilities at the end of the quarter and expects its current cash to fund activities for 20 quarters.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.