Basin Energy’s Quarterly Cash Flow Update

Basin Energy Limited (AU:BSN) has released an update.

Basin Energy Limited reported a decrease in cash flow for the quarter ending September 2024, with operating activities showing a net cash outflow of $347,000. The company also noted a small cash outflow from investing activities, totaling $22,000. Despite these expenditures, Basin Energy started the period with a solid cash reserve of $2.48 million, which may provide a buffer for future operational needs.

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