Paladin Energy Ltd (AU:PDN) has released an update.
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Paladin Energy Ltd reported a net cash outflow from operating activities totaling US$43,736,000 for the quarter and US$52,496,000 for the 12-month period ending June 30, 2024. The company’s investing activities led to a cash outflow of US$8,769,000 for the quarter, significantly impacted by the Langer Heinrich Restart Project. In contrast, financing activities provided a net cash inflow of US$49,334,000 for the quarter, bolstered by proceeds from borrowings and issues of equity securities.
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