Phoenix Copper Limited Announces Consolidated Cash Flow Results for the Second Quarter and Ended December 31, 2012; Provides Cash Flow Guidance for the Third Quarter of 2013
For the six months, the company reported net operating cash outflows of AUD 786,000. Payments for exploration and evolution were AUD 928,000.
The company announced estimated cash outflows for the third quarter of 2013. For the quarter, the company expects exploration and evolution expenditure of AUD 400,000 and total estimated cash outflows of AUD 700,000.