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Western Yilgarn NL (ASX:WYX)

ALERT: Price-sensitive ASX Announcement for WYX
Current share price for WYX : $0.032 -0.008 (-20%)+
Announcement
Release
27 Apr 2026 8:17AM
Price at Release
$0.040
Full Release
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Summary
Western Yilgarn NL's quarterly report for the period ending 31 March 2026 highlights significant exploration activities and financial details. The company reported a net cash outflow from operating activities of AUD 241,000 and a positive cash flow from financing activities of AUD 785,000, leading to a decrease in cash and cash equivalents from AUD 607,000 to AUD 366,000 by the end of the quarter. Notably, Western Yilgarn discovered high-grade gallium-tellurium mineralisation at the Ida Holmes Junction, along with significant deposits of cobalt, nickel, copper, lead, and scandium at other sites. The report also notes the company's substantial bauxite resource and details cash flows and related party payments.
Key Points
  • Net cash outflow from operating activities: AUD 241,000.
  • Positive cash flow from financing activities: AUD 785,000.
  • Cash and cash equivalents decreased from AUD 607,000 to AUD 366,000.
  • High-grade gallium-tellurium mineralisation discovered at Ida Holmes Junction.
  • Significant deposits of cobalt, nickel, copper, lead, and scandium identified.
  • Substantial bauxite resource within the company's portfolio.
  • Payments to related parties totaled AUD 49,300, including director fees and office rent.
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.