Manageable LeverageLower leverage provides enduring financial flexibility: with debt-to-equity near 0.33 the company is not heavily debt-funded, reducing near-term insolvency risk and making it easier to secure additional capital for exploration or working capital while it stabilises operating performance.
Narrowing LossesA reduction in net losses year-over-year suggests improving cost control or lower non-operating expenses. Sustained narrowing can lengthen the runway, reduce reliance on immediate financing rounds, and indicate early progress toward restoring operational sustainability if trends continue.
Transparent Cash TrendsConsistent alignment between accounting losses and cash outflows improves visibility into true funding needs. This transparency helps management and investors plan capital raises and assess runway realistically, reducing the risk of hidden accounting distortions that can mask liquidity shortfalls.