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Alchemy Resources Limited (ASX:ALY)

ALERT: Price-sensitive ASX Announcement for ALY
Current share price for ALY : $0.008 0 (0%)+
Announcement
Release
31 Jul 2026 1:04PM
Price at Release
$0.008
Full Release
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Summary
Alchemy Resources Limited has released its Quarterly Cashflow Report for the quarter ending 30 June 2026. The report highlights a decrease in cash and cash equivalents from $1,232,000 at the start of the year to $817,000 at the end of the quarter. The net cash used in operating activities was $51,000, with substantial expenses in staff and administrative costs. Additionally, the company invested $272,000 in exploration and evaluation activities. Despite these outflows, Alchemy generated $550,000 income from a provision of an option on a part-acquisition project. The report concludes that the company has an estimated 2.5 quarters of available funding based on current cash levels and outgoings.
Key Points
  • Net cash used in operating activities: $51,000
  • Significant exploration and evaluation expenditure: $272,000
  • End of quarter cash balance: $817,000
  • Income from project provision option: $550,000
  • Estimated funding available for 2.5 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.