Tharisa corrects cash balance, reports $43.1m net cash

Tharisa issued a correction to its third-quarter production report, stating it had understated its cash balance by not accounting for deposits with a financial institution.

The corrected cash position as of 30 June 2025 is $164.6 million, up from the previously reported $150.9 million. With debt at $121.5 million, net cash is now $43.1 million versus the initially stated $29.4 million.