Pancontinental Energy Maintains Resilience Amid Cash Outflows

Pancontinental Energy NL (AU:PCL) has released an update.

Pancontinental Energy NL reports a challenging quarter ending September 2024, with a net cash outflow of $292,000 from operating activities and $126,000 from investing activities. Despite these expenditures, the company maintains a cash balance of $4.3 million, suggesting resilience amidst its ongoing exploration and evaluation efforts.

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