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Cullen’s royalty windfall gives its exploration portfolio another chance
2:15pm on Friday 25th of September, 2026 AEST
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Mining
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Cullen’s royalty windfall gives its exploration portfolio another chance
2:15pm on Friday 25th of September, 2026 AEST
Key Points
FY2026 profit of $340,251 versus a $902,321 loss
$1.5 million Wyloo royalty sale drove the financial turnaround
$776,040 spent on exploration across Australia and Finland
Auditor unable to verify assumptions supporting $4.75 million of iron ore-related intangibles
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Cullen Resources (ASX:CUL)
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