CUF 0.00% 0.9¢ cufe ltd

Ann: Quarterly Activities and Cashflow Report, page-6

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    Cash flow positive with good Iron Ore outlook
    Market cap of only $25m
    Cash balance of $7.5m
    Operating cash generated $4.7m last quarter (annual estimate to $18.8m, without taking account to any IO price fluctuations)

    In nutshell, Profitable IO producer with strong Hedge Book (better than December quarter realised price)

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