Source - Alliance News

Neometals Ltd - London-based sustainable battery materials producer - Says cash balance June 30 was A$24.6 million, or £12.7 million, down 59% from A$60.4 million a year prior. Adds it has no debt, unchanged from the year before, and has investments and receivables of A$19.9 million, down 38% from A$32.1 million in the same second quarter in 2022. Notes it had A$7.7 million cash outflow in June quarter. The company also reported on quarterly activities, noting progress in its core battery materials business units.

Current stock price: 26.20 pence each, down 3.0% on Friday

12-month change: down 58%

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