Sheffield Resources Limited (AU:SFX) has released an update.
Sheffield Resources Limited reported a robust June quarter for its Thunderbird mine, with ore production reaching 2.5 million tonnes and concentrate output totaling 165,014 tonnes. The company’s joint venture cash balance stood at $15.4 million, while Sheffield’s cash reserves were $9.9 million. The positive results from the Thunderbird mine are setting the stage for sustained positive operating cash flow in the upcoming quarter.
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