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Quantum Graphite Limited (ASX:QGL)

ALERT: Price-sensitive ASX Announcement for QGL
Current share price for QGL : $0.355 -0.065 (-15.48%)+
Announcement
Release
30 Apr 2026 3:06PM
Price at Release
$0.420
Full Release
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Summary
The document is a Quarterly Activities/Appendix 5B Cash Flow Report for Quantum Graphite Limited, ending March 31, 2026. The report outlines various financial activities, including cash flows from operating, investing, and financing activities. The company reported a net cash decrease in operating activities due to payments for development, staff, and administrative costs, offset slightly by government grants received. Financing activities included proceeds from borrowings and their repayment, resulting in a net cash outflow. The report also details the company's financing facilities and the steps taken to ensure continued operations, including financial support from principal shareholders and potential equity raising. The company's available cash and facilities at the end of the quarter total $3.921 million, which is anticipated to cover operations for an estimated 4.9 quarters.
Key Points
  • Net cash used in operating activities: A$757k for the quarter, A$2,536k year to date.
  • Government grants and tax incentives received: A$370k.
  • Net cash used in investing activities: A$51k for the quarter.
  • Net cash used in financing activities: A$772k for the quarter, net inflow of A$1,228k year to date.
  • Cash and cash equivalents at end of period: A$122k.
  • Financing facilities provided by Pershing Nominees Pty Ltd and Chimaera Capital Limited at 11.75% interest rate.
  • Available funding of A$3.921 million estimated to cover 4.9 quarters.
  • Steps taken for further funding include financial support from principal shareholders and potential equity raise.
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.