Metminco Limited Announces Consolidated Cash Flows Results for the Second Quarter and Six Months Ended June 30, 2018; Provides Cash Flows Guidance for the Third Quarter of 2018
For the six months, the company reported net cash used in operating activities of AUD 2,650,000. Payments to acquire property, plant and equipment was AUD 99,000. Payments for exploration and evaluation were AUD 767,000.
For the third quarter, the company expects to report cash outflows of AUD 1,320,000. Cash outflows for exploration and evaluation expected to be AUD 720,000.