Wildcat Resources (WC8) Q1 2027 TU earnings summary

Executive summary

• Tabba Tabba DFS advanced toward completion in CY2026, supported by infill and metallurgical drilling, environmental studies, and expanded tenure.

• Bolt Cutter Central drilling defined a ~2.3km by 0.8km mineralised footprint, open in multiple directions; maiden Mineral Resource Estimate targeted for Q4 2026.

• Firm commitments for a $60M placement supported Tabba Tabba early works, Bolt Cutter Central resource work, and regional exploration; quarter-end cash was $76.1M.

Financial highlights

• Quarter-end cash and cash equivalents were $76.059M, versus $37.194M at quarter start.

• Operating cash outflow was $0.494M; investing outflow was $13.684M, including $5.5M for E45/2364 rights and royalties and $5.073M for project studies.

• Financing generated $53.043M net: $56.0M gross placement proceeds less $2.926M transaction costs and $0.031M lease principal.

• Cash inflows included $0.471M interest and $1.419M government grants and tax incentives.

Outlook and guidance

• Tabba Tabba DFS and related development, engineering, approvals, early works, and project-readiness activities planned to progress in the December 2026 quarter.

• Maiden Bolt Cutter Central Mineral Resource Estimate targeted for Q4 2026; follow-up drilling to be guided by resource modelling.

• Multiple catalysts targeted for H2 2026, including the Tabba Tabba DFS and Bolt Cutter Central maiden resource.

• Placement proceeds also intended for regional exploration, construction readiness, process plant FEED, site establishment, road and village development, and potential long-lead procurement.