Freehill Mining Ltd. (AU:FHS) has released an update.
Freehill Mining Ltd.’s quarterly cash flow report reveals a net decrease in cash and cash equivalents due to operational expenditures and investments, despite a significant cash inflow from financing activities. The company’s financial movement indicates receipts from customers and proceeds from equity issues, juxtaposed with payments for exploration, development, and staff costs, resulting in a complex fiscal quarter.
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