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 $18.8m, without taking account to any IO price fluctuations)
In nutshell, Profitable IO producer with strong Hedge Book (better than December quarter realised price)
Ann: Quarterly Activities and Cashflow Report, page-6
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| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 13 | 8876886 | 0.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 709854 | 1 |
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