Delta Lithium (DLI) Q4 2026 TU earnings summary

Executive summary

• Advanced high-grade lithium drilling at Mt Ida, increasing confidence in resource model and supporting a new scoping study initiated during the quarter.

• Yinnetharra exploration yielded significant fluorite mineralisation and expanded tenure through acquisition of JV ground, enhancing flexibility for future exploration.

• Downstream testwork at Mt Ida confirmed potential for battery-grade lithium and rubidium carbonate production at high recovery rates.

• Corporate changes included a new Geology Manager and termination of the Ti-Tree JV agreement.

Financial highlights

• Cash balance at 30 June 2026 was $49.6M.

• Exploration and evaluation expenditure for the quarter was $2.058M.

• No substantive mining production or development activities during the quarter.

• Net cash used in operating activities for the quarter was $(70)k; net cash used in investing activities was $(2.47)M.

• Estimated quarters of funding available: 23.4.

Outlook and guidance

• Mt Ida scoping study is well advanced, with results expected within the calendar year, focusing on lithium ore production and byproduct credits.

• Ongoing exploration at Yinnetharra targets lithium, tantalum, and fluorite, with further drilling and soil programs planned.