Great Western Exploration Limited (AU:GTE) has released an update.
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Great Western Exploration Limited reported a quarterly cash flow update with a significant cash inflow from financing activities totaling $2.314 million, offsetting expenditures in operating and investing activities. Despite spending heavily on exploration and evaluation, the company managed a positive cash balance, indicating a potentially promising outlook for investors.
For further insights into AU:GTE stock, check out TipRanks’ Stock Analysis page.