Cauldron Energy (CXU) Q4 2026 TU earnings summary

Executive summary

• Strong cash position at quarter end with $3.68 million in cash reserves, supporting ongoing exploration and operational activities.

• Inclusion in major uranium-focused ETFs (HANetf, BETAetf, URNJ) and expected addition to the Global X Uranium ETF (URA), enhancing investor exposure and liquidity.

• Significant operational progress with commencement of the 2026 drilling program, passive seismic surveys, and heritage surveys completed.

• Revised JORC-compliant Exploration Target for Yanrey Project released, covering 30 discrete prospective areas.

Financial highlights

• Cash at bank at 30 June 2026: $3.68 million, down from $3.9 million at 31 March 2026.

• Net cash used in operating activities for the quarter: $(569)k.

• Proceeds from sale of ASX-listed equity investments: $375k during the quarter.

• Estimated quarters of funding available: 6.47, indicating strong liquidity.

Outlook and guidance

• Drilling of all target areas in the 2026 Exploration Target Table planned over seven years, with potential acceleration if the WA uranium mining ban is lifted.

• Ongoing advocacy for lifting the uranium mining ban in Western Australia, which could unlock further project value.

• Continued focus on expanding resource base and pursuing new project opportunities aligned with the company’s strategy.