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Yes with the right cutters and light cuts.

It's an Ok machine that comes with square type linear rails and ball screws which are good to have. It's compact and self-contained in a steel enclosure which is good if you need a clean work area.
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I which case if it suits your needs then I'd buy it because £1000 euros won't get you anything better even if you build it your self.

Impossible to say without seeing the machine and more information.

Is it working or does it just come with a Random control board and spindle which are off the machine.? If so these may not be...