RE: RNS31 Oct 2025 07:03
"The momentum this quarter remains strong. Having concluded the previous quarter with A$1,459,000 in cash, the subsequent monetisation efforts have led to an increased quarter-end cash balance of $1,598,000, despite operational outflows. Further large cash inflows are expected in the coming quarters as the Molyhil sale is expected to conclude, subject to contractual conditions. These inflows will be instrumental in funding our planned work programmes. We are eager to progress swiftly towards exploration drilling at HY-Range in the coming months, building on these foundational successes and solidifying Thor's position in the clean energy economy."