EAU Lithium (EAU) Q1 2027 TU earnings summary

Executive summary

• Quarter focused on building technical and commercial foundations for potential lithium opportunities in Bolivia, including a VULTEC services framework and continued work under the VULSORB® licence.

• Corporate rebrand and ASX/FSE trading transitions were completed; exploration remained limited, with cash of $2.621m at 30 September 2026.

Financial highlights

• Quarter operating cash outflow was $796k, including $40k for exploration and evaluation, $186k in staff costs and $579k in administration and corporate costs; interest received was $9k.

• Investing cash outflow was $342k, including $325k in EAU acquisition-related costs and $17k for property, plant and equipment.

• Cash and cash equivalents were $2.621m at quarter-end, versus $3.759m at the start of the period.

Outlook and guidance

• A field program at Orange East is planned to start in Q1 2027 with pole-dipole and/or dipole-dipole IP surveying at Quintons; drilling will be planned based on survey results.

• Longer-term Bolivia objectives remain subject to negotiations, technical progress and future agreements; the VULTEC and SEPCON arrangements support evaluation rather than definitive project development.