Alchemy Resources Reports Quarterly Cash Flow

Alchemy Resources Limited (AU:ALY) has released an update.

Alchemy Resources Limited reported a decrease in cash and cash equivalents after the quarter ended June 30, 2024, with significant investments in exploration and evaluation activities. Operating activities also resulted in a net cash outflow, primarily due to staff and administration costs, despite some interest received. Overall, the company’s financials reflect a period of investment and development with no financing activities reported.

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