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Australian Mines (ASX:AUZ) quarterly report

Australian Mines Limited (ASX:AUZ) posted a quarterly cash flow report for the period ending 31 March 2023.

The mining exploration entity reported net cash used in operating activities of $1,107,000 for the current quarter and $4,652,000 for the year to date (9 months).

Meanwhile, net cash from financing activities amounted to $13,000 for the current quarter and $6,688,000 for the year to date.

The company had an estimated cash balance of $5,847,000 by the end of the quarter.

 

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