ASX:ORNMetals and Mining
Does Orion Minerals’ (ASX:ORN) Equity Raise Quietly Redefine Its Risk‑Reward Liquidity Profile?
In recent days, Orion Minerals completed a substantial equity raising that lifted its cash balance, helping to fund ongoing exploration and project development despite continuing operating and investing cash outflows.
This capital injection meaningfully strengthens the company’s near‑term liquidity profile, giving it more flexibility to sustain exploration programs while managing persistent cash burn.
We’ll now look at how this bolstered liquidity position, driven by the equity raising,...