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Ragnar Metals Limited (ASX:RAG)

ALERT: Price-sensitive ASX Announcement for RAG
Current share price for RAG : $0.022 0.003 (15.79%)+
Announcement
Release
31 Jul 2026 1:15PM
Price at Release
$0.019
Full Release
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Summary
The quarterly cash flow report for Ragnar Metals Limited, listed as RAG on the ASX, details the company's financial activities for the quarter ending 30 June 2026. The company reported negative operating cash flows of AUD 120,000 for the quarter, largely attributed to exploration and evaluation expenses. Investments in exploration and evaluation amounted to AUD 487,000. Cash and cash equivalents at the end of the quarter were AUD 233,000, a decrease from the beginning balance of AUD 840,000. The report highlights that the company expects to continue facing negative cash flows as it is not generating revenue and will rely on liquidating investments to fund operations. The document adheres to Australian Accounting Standards and confirms compliance with ASX Listing Rules.
Key Points
  • Negative operating cash flows of AUD 120,000 reported.
  • Investments in exploration amounted to AUD 487,000.
  • Ending cash balance was AUD 233,000.
  • Company anticipates continued negative cash flows.
  • Plans to fund operations through investment liquidation.
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.