Review of Cash Flow for March 2024 Quarter

Native Mineral Resources Holdings (ASX: $NMR) has released its quarterly cash flow report for the quarter ended March 2024. The report indicates that Non-Executive Director Fees were paid during the quarter, while wages were not paid in cash to the Managing Director.

Executive Commentary on Funding and Operations

The business has enough funds to operate for the short term and is constantly reviewing opportunities to reduce expenditure or raise additional funds in the future. Additionally, the Managing Director has continued to provide funding to the business on a zero interest basis. The entity expects to be able to continue its operations and meet its business objectives based on new funding as mentioned in the report.

Summary of Cash Flow Report and Outlook

Native Mineral Resources Holdings' cash flow report for the March 2024 quarter reflects the payment of Non-Executive Director Fees and the Managing Director's interest-free funding. The company stated that it has enough funds to operate for the short term and is open to reducing expenditure or raising additional funds in the future. The entity expects to continue its operations and meet its business objectives based on new funding as mentioned in the report. The company's outlook appears to be focused on maintaining financial stability and exploring opportunities for potential funding to support its operations.