Leo Lithium Ltd. (AU:LLL) has released an update.
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Leo Lithium Ltd. reported a net positive cash flow from operating activities at $806,000 for the quarter ending September 30, 2024, despite year-to-date net cash used in operations totaling $2.27 million. The company also saw significant cash inflows from investing activities, including a profitable disposal of a 5% interest in MLBV and a net cash increase from investing activities of $49.54 million for the nine-month period. However, the company experienced a minor cash outflow of $110,000 from financing activities due to transaction costs.
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