Wildcat Resources (WC8) H2 2026 earnings summary

Executive summary

• Advanced Tabba Tabba Project towards development readiness, completing PFS and progressing DFS, with a 17-year mine life and robust economics (NPV A$1.2B, IRR 22.9% at consensus pricing).

• Bolt Cutter Central lithium discovery expanded, with resource definition drilling completed and maiden MRE targeted for H2 2026.

• Strong cash balance of $37.2M at year end, supporting ongoing exploration and development.

• Market capitalisation increased over threefold during the year, reflecting asset quality and project progress.

• Signed Native Title Agreement with Nyamal People, strengthening social license and project de-risking.

Financial highlights

• Operating loss after tax for FY26 was $6.6M, improved from $8.2M in FY25.

• Net operating cash outflow was $1.6M (FY25: $2.8M).

• $16.7M invested in exploration and evaluation (FY25: $17.6M).

• Cash and cash equivalents at 30 June 2026: $37.2M (FY25: $55.1M).

• No dividends declared or paid.

Outlook and guidance

• DFS for Tabba Tabba due for release in H2 2026, with focus on financing, offtake, and FID.

• Bolt Cutter Central maiden MRE expected in H2 2026, aiming to extend Tabba Tabba’s mine life.

• Continued exploration at Mt Adrah and regional WA projects.

• Strong market engagement for project funding and offtake agreements.