InvestSMART

New Frontier Minerals Limited (ASX:NFM)

ALERT: Price-sensitive ASX Announcement for NFM
Current share price for NFM : $0.006 -0.014 (-70%)+
Announcement
Release
30 Jan 2026 8:12AM
Price at Release
$0.020
Full Release
download
Summary
The quarterly cash flow report for New Frontier Minerals Limited for the quarter ending 31 December 2025 outlines the company's financial activities. The report presents cash flows from operating, investing, and financing activities. During the quarter, the company had a net cash outflow from operating activities of $462,000, primarily due to exploration, evaluation, and administrative costs. There were also cash outflows for investing activities, totaling $431,000, mainly due to exploration and evaluation expenses. In contrast, cash inflows from financing activities amounted to $2,113,000, resulting from the issuance of equity securities. The closing cash balance for the quarter was $2,624,000. The report also addresses payments to related parties, compliance with accounting standards, and an estimated funding availability for 3.2 quarters based on current cash reserves.
Key Points
  • Net cash outflow from operating activities: $462,000
  • Cash outflow for investing activities: $431,000
  • Cash inflow from financing activities: $2,113,000
  • Closing cash balance for the quarter: $2,624,000
  • Payments to related parties included director’s fees and consulting fees
  • Compliance with accounting standards and a true and fair view of financial disclosures
  • Estimated 3.2 quarters of funding available based on current cash reserves
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.