Quantum Graphite (QGL) Q4 2025 TU earnings summary

Executive summary

• Detailed planning for the Quantum-Sunlands Eyre Peninsula Graphite Hub commenced with South Australian Government stakeholders, aiming to establish a global graphite supply chain and export center.

• Uley 2 project financing advanced, with three new financiers joining US EXIM Bank in due diligence.

• Exploration activities yielded new geophysical data, enhancing understanding of the Uley Region's mineralized structure.

• Purification testwork on Uley flake graphite for high-tech and Li-ion battery applications is under review, with results expected by end of August 2025.

Financial highlights

• Uley 2 Phase 1 Mining Study projects total undiscounted cash flow of A$990.4 million, with capital expenditure of A$152.7 million.

• Average product cost over life of mine is US$401.14/dmt, with an ex-works product price of US$1,225/dmt.

• As of 30 June 2025, cash at bank was $1,583,574.74; by 31 July 2025, it was $1,292,771.44.

• Net cash used in operating activities for the quarter was A$1.035 million; net cash from financing activities was A$2.05 million.

• Loan facility of A$6.188 million fully drawn, provided by Chimaera Capital Limited at 11.75% interest, maturing by October 2026 or upon capital raising.

Outlook and guidance

• The company plans to raise additional equity capital to fund operations and expects to be successful.

• Operations will continue on a similar basis, with the ability to reduce or defer non-essential cash outflows if needed.

• Results of the comprehensive geological data analysis and updated exploration targets are expected next quarter.