Energy Transition Minerals Reports Cash Flow Challenges

Greenland Minerals Limited (AU:ETM) has released an update.

Energy Transition Minerals Ltd reported a decrease in cash flow with net cash used in operating activities at $647,000 and investing activities at $707,000 for the current quarter. Despite facing significant expenses in exploration and development, the company’s cash reserves remain substantial at over $14 million. Investors are keenly watching the company’s financial strategies as it navigates the challenging market conditions.

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