Oakajee (OKJ) Q1 2026 TU earnings summary

Executive summary

• Continued regional exploration at the Paynes Find project in Western Australia, focusing on refining gold targets for drill testing.

• Drilling at Paynes Find South commenced in October 2025 after delays, with 28 air-core holes completed for 1,258m; assay results expected in December 2025 quarter.

• Ongoing assessment of additional gold exploration projects.

Financial highlights

• Liquid assets at quarter end totaled $3,594,023, including $225,523 in cash and $3,368,500 in listed shares.

• Net cash used in operating activities was $99,000 for the quarter.

• Proceeds from disposal of investments amounted to $146,000.

• Cash and cash equivalents increased from $178,000 to $225,000 during the quarter.

Outlook and guidance

• Assay results from recent drilling at Paynes Find South are expected in the December 2025 quarter.

• Estimated available funding covers approximately 2.27 quarters of operations at current expenditure rates.