Wildcat Resources (WC8) Q4 2026 TU earnings summary

Executive summary

• Significant progress on the Tabba Tabba Definitive Feasibility Study (DFS), with expanded scope to include tantalum and petalite processing for improved project economics and diversified product streams.

• Metallurgical testwork at Tabba Tabba confirmed premium spodumene concentrate quality (5.65% Li₂O, low iron), and Bolt Cutter Central achieved 82.5% lithium recovery with 5.66% Li₂O concentrate.

• Resource drilling at Bolt Cutter Central completed, with geological modelling underway for a maiden Mineral Resource estimate.

• Exploration extended the Bolt Cutter Central mineralisation footprint, with multiple high-grade lithium intersections and further growth potential identified.

• Cash at bank was $37.2M at 30 June 2026, supporting ongoing development and exploration activities.

Financial highlights

• Cash outflows for the quarter: $3.3M for exploration/evaluation, $2.6M for project studies, approvals, and administration.

• Cash inflows: $0.5M interest income, $0.9M from option conversions.

• Net cash used in operating activities: $(327)K; net cash used in investing activities: $(6.6)M; net cash from financing activities: $819K.

• Cash and cash equivalents at quarter end: $37.2M, providing an estimated 10 quarters of funding at current expenditure rates.

Outlook and guidance

• DFS for Tabba Tabba scheduled for completion in H2 2026, with focus on optimised mine scheduling, early expansion to 4.5Mtpa, and inclusion of additional mineral resources.

• Maiden Mineral Resource estimate for Bolt Cutter Central expected in H2 2026.

• Continued regional exploration, statutory approvals, and heritage surveys planned for the next quarter.