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Tlou Energy Ltd. ( (AU:TOU) ) has issued an update.
Tlou Energy Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities amounting to $1,069,000, primarily due to staff and administrative costs. The company managed to secure $2,365,000 from financing activities, which helped offset the cash used in operations and investing, indicating a strategic focus on maintaining liquidity and supporting ongoing projects.
More about Tlou Energy Ltd.
Tlou Energy Limited operates in the mining and energy sector, focusing on exploration and development of oil and gas resources. The company is engaged in activities that include exploration, evaluation, and production within the energy market.
Average Trading Volume: 205,418
Technical Sentiment Signal: Sell
Current Market Cap: A$22.08M
Find detailed analytics on TOU stock on TipRanks’ Stock Analysis page.