Resolution Minerals (RML) Q4 2024 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2024 TU earnings summary
12 Jun, 2026Executive summary
Completed reviews of George Uranium and Carrara Range Projects, identifying strong uranium and SEDEX potential, as well as high-grade manganese at Carrara Range.
Appointed Stephen Balch as a key technical consultant to review projects and advise on advancing the Allegra Nickel Project.
Financial highlights
Cash balance at 30 June 2024 was $239k.
$49k spent on exploration activities during the quarter, mainly for tenement rentals and technical consultants.
Net cash used in operating activities for the quarter was $(48)k; net cash used in investing activities was $(47)k.
No payments to related parties in the quarter; executive directors received shares in lieu of fees.
Outlook and guidance
Estimated quarters of funding available is 2.5, based on current cash and outgoings.
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