Diablo Resources Limited (AU:DBO) has released an update.
Diablo Resources Limited reported a decrease in cash and cash equivalents after the latest quarter ending 30 June 2024, with significant investment in exploration and evaluation activities. The company received $1,000,000 from equity securities issues, offsetting some of the cash used in operations and investments. Overall, the company’s cash position has declined over the 12-month period due to ongoing development costs.
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