Cue celebrates strong financials, high hopes for Ironbark-1

CUE Energy is hailing its strong financial results for the 2019 financial year meaning its Ironbark drilling campaign will be fully funded and if successful could mean “significant” value change for the junior.

Cue celebrates strong financials, high hopes for Ironbark-1 Cue celebrates strong financials, high hopes for Ironbark-1 Cue celebrates strong financials, high hopes for Ironbark-1 Cue celebrates strong financials, high hopes for Ironbark-1 Cue celebrates strong financials, high hopes for Ironbark-1

Revenue up 4.8% with no debt

 
Cash flow from operations reached A$12.8 million and net profit after tax was A$8.5 million, while net cash flow for the year was A$9.2 million, increasing cash holdings to A$26.