InvestSMART

Dreadnought Resources Ltd (ASX:DRE)

ALERT: Price-sensitive ASX Announcement for DRE
Current share price for DRE : $0.015 0.001 (7.14%)+
Announcement
Release
27 Jul 2026 9:53AM
Price at Release
$0.014
Full Release
download
Summary
The quarterly cash flow report for Dreadnought Resources Limited, ending 30 June 2026, outlines significant financial activities over the period. The company reported net cash used in operating activities of $33,000, and considerable investment in exploration and evaluation amounting to $3,771,000. Financing activities contributed a net $26,000 decrease in cash flow. The company ended the quarter with cash and cash equivalents of $15,702,000, providing an estimated 4.13 quarters of funding based on current expenditure rates. Noteworthy is the absence of any unused financing facilities at the quarter's end. The report complies with Australian Accounting Standards and was authorized by the Board.
Key Points
  • Net cash used in operating activities: $33,000
  • Investment in exploration and evaluation: $3,771,000
  • Net decrease from financing activities: $26,000
  • Cash and cash equivalents at quarter end: $15,702,000
  • Estimated funding available for 4.13 quarters
  • No unused financing facilities at quarter end
  • Compliance with Australian Accounting Standards
  • Authorized by the Board
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.