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Energy Resources of Australia Limited (ASX:ERA)

ALERT: Price-sensitive ASX Announcement for ERA
Current share price for ERA : $0.002 -0.002 (-50%)+
Announcement
Release
24 Apr 2026 12:14PM
Price at Release
$0.004
Full Release
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Summary
Energy Resources of Australia Limited's quarterly cash flow report for the period ending March 31, 2026, reveals a net cash outflow from operating activities of AUD 48,285,000, balanced by substantial cash inflows from investing activities totaling AUD 201,500,000. The end-of-quarter cash and cash equivalents stood at AUD 211,453,000. The company maintains a stable financial position with sufficient funding for approximately 4.4 quarters. There were payments to related parties amounting to AUD 1,483,000, with no drawdowns on loans or credit arrangements. The report adheres to ASX Listing Rules and provides a transparent overview of ERA's financial activities.
Key Points
  • Net cash used in operating activities was AUD 48,285,000 for the quarter.
  • Cash received from customers, including uranium sales and other sources, totaled AUD 96,000.
  • Significant cash inflows from investing activities amounted to AUD 201,500,000, mainly from proceeds of term deposits.
  • The company reported cash and cash equivalents of AUD 211,453,000 at the end of the quarter.
  • Payments to related parties totaled AUD 1,483,000 during the quarter.
  • No financing facilities were utilized during the quarter, and there were no outstanding loans or credit facilities.
  • ERA has funding available for approximately 4.4 quarters based on current cash flow.
  • The report was prepared in compliance with ASX Listing Rule 19.11A and gives a true view of the financial position.
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.