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Eastern Resources Limited (ASX:EFE)

ALERT: Price-sensitive ASX Announcement for EFE
Current share price for EFE : $0.032 -0.016 (-33.33%)+
Announcement
Release
29 Oct 2025 11:09AM
Price at Release
$0.048
Full Release
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Summary
The September 2025 quarterly cash flow report for Eastern Resources Limited highlights a net cash outflow from operating activities of $42,000, with significant cash used in investing activities amounting to $245,000, mainly for capitalised exploration and evaluation. The company recorded no financing activity for the quarter. Starting with cash and equivalents of $3,731,000, they ended with $3,444,000. Payments to related parties totaled $98,000. With no loan facilities or credit arrangements and no unused financial facilities at quarter-end, the company estimates 12 quarters of available funding based on the current expenditure rate.
Key Points
  • Eastern Resources Limited reported a net cash outflow from operating activities of $42,000 for the quarter.
  • Cash used in investing activities totaled $245,000, primarily due to capitalised exploration and evaluation expenses.
  • No cash was generated or used in financing activities during the quarter.
  • The company started the quarter with $3,731,000 in cash and equivalents, ending with $3,444,000.
  • Payments to related parties, including directors and advisory fees, amounted to $98,000.
  • The company has no loan facilities or standby credit arrangements and no unused finance facilities at the end of the quarter.
  • Estimated funding available supports operation for 12 more quarters based on current cash burn rate.
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.