ENRG Elements’ Cash Flow Shows Resilience

Kopore Metals Ltd (AU:EEL) has released an update.

ENRG Elements Limited reported a net decrease in cash from operating activities amounting to $425,000 for the current quarter and a total decrease of $1,815,000 for the past 12 months, according to their quarterly cash flow report. However, the company saw a positive cash flow from investing activities, with a $500,000 increase in the current quarter and $2,500,000 year to date, mainly due to proceeds from the disposal of entities. At the end of the period, the company’s cash and cash equivalents stood at $1,498,000, showing resilience in its financial position.

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