West African Resources Limited (ASX:WAF) Publishes Quarterly Cash Flow Report
Cash Flow from Operating Activities
West African Resources reported cash flows from operating activities of $73.0 million for the current quarter, driven by receipts from customers amounting to $218.6 million.
Cash Flow from Investing Activities
The company utilised $122.7 million in cash for investing activities, primarily in property, plant, and equipment.
Cash Flow from Financing Activities
Cash used in financing activities totaled $14.1 million, including interest paid on borrowings and payments for lease liabilities.
Financing Facilities
West African Resources maintains loan facilities of $417.1 million, with $15.1 million drawn from equipment finance facilities.
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