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Invert Graphite Limited (ASX:IVG)

ALERT: Price-sensitive ASX Announcement for IVG
Current share price for IVG : $0.040 0.009 (29.03%)+
Announcement
Release
22 Jan 2026 9:38AM
Price at Release
$0.031
Full Release
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Summary
InVert Graphite Limited (ASX: IVG) released its quarterly report for the period ending 31 December 2025. The report highlights significant developments in the Morogoro Project in Tanzania, including the completion of a maiden drilling program at the Kumba deposit. The drilling yielded promising results, confirming high-grade graphite intersections and indicating the project's potential. The company's financial activities during the quarter include operating cash outflows of AUD 265,000 and investing cash outflows of AUD 542,000, primarily for exploration and evaluation. Financing activities added AUD 3,065,000 to the cash flow, resulting in cash and cash equivalents of AUD 2,476,000 at the end of the period. The report emphasizes the strategic focus on advancing the Morogoro Project and managing corporate expenses effectively.
Key Points
  • Maiden drilling program completed at Morogoro Project, Tanzania.
  • High-grade graphite intersections confirmed at Kumba deposit.
  • Operating cash outflows of AUD 265,000 for the quarter.
  • Investing cash outflows of AUD 542,000 mainly for exploration.
  • Financing raised AUD 3,065,000, cash at quarter-end was AUD 2,476,000.
  • Focus on advancing Morogoro Project and managing expenses.
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.