Atrum Coal (ASX:ATU) reported a net decrease in their cash, and cash equivalents during the current quarter, with cash flows from operating activities amounting to a net of -$842,000.

The net cash utilized for investment activities amounted to zero, whereas the net cash from financing activities was $9,000.

A significant cash outflow of $491,000 was spent on exploration and evaluation, divided between several projects.

$50,000 was also paid as directors' fees to non-executive directors, and an estimate of future available funding indicated that 2.98 quarters of operational costs were covered.