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Bannerman Energy Posts Heavy Capex Outflows but Ends Quarter with Strong Cash Reserves

Story Highlights
  • Bannerman Energy booked operating cash outflows as it advances projects without current customer revenue.
  • Significant investment in plant and exploration drove cash use, but prior equity raisings left strong period-end cash.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bannerman Energy Posts Heavy Capex Outflows but Ends Quarter with Strong Cash Reserves

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Bannerman Energy ( (AU:BMN) ) has provided an announcement.

Bannerman Energy reported its quarterly cash flow for the period ended 31 December 2025, showing no receipts from customers and a net operating cash outflow of A$2.4 million, driven mainly by staff, administration and corporate costs, partly offset by interest income and small government grants. The company recorded a substantial A$20.1 million investing cash outflow in the quarter, largely due to A$12.4 million spent on property, plant and equipment and A$7.1 million on exploration and evaluation, contributing to a A$33.4 million investing outflow over the half year, while financing cash flows were slightly negative in the quarter following earlier equity raisings that left Bannerman with A$111.8 million in cash at period end, underlining that it remains well funded to pursue its exploration and development plans despite significant ongoing capital expenditure.

The most recent analyst rating on (AU:BMN) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.

More about Bannerman Energy

Bannerman Energy Ltd is a mining exploration company focused on resource development activities, operating within the broader minerals and energy sector. The company’s expenditure profile indicates a focus on exploration, evaluation and associated project development rather than current production or customer revenue, consistent with an early-stage or pre-production mining business model.

Average Trading Volume: 1,080,256

Technical Sentiment Signal: Buy

Current Market Cap: A$868.1M

For an in-depth examination of BMN stock, go to TipRanks’ Overview page.

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