Cash balance at the end of December is $1.8 million,
which includes $0.04 million held on behalf of the Company’s Joint Ventures.
• The reported cash balance does not include exploration expenditure incurred on behalf of the Mount Isa East Joint Venture in December.
An invoice of ~$342k has since been submitted to the MIEJV.
• Research & Development Tax Refund submission being finalised with returns due during the coming quarter.
The refund in 2023 was $1.1 million.
• Through historical transactions, the Company holds investments in three junior exploration companies with a valuation of ~A$175,000 at the end of December.
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