Oakajee (OKJ) Q4 2025 TU earnings summary

Executive summary

• Continued regional exploration at the Paynes Find project in Western Australia, focusing on refining gold targets for drill testing.

• Statutory approvals secured for additional drilling, planned for completion in the September quarter.

• Ongoing assessment of other potential gold exploration projects.

Financial highlights

• Held $1,419,225 in liquid assets at quarter end, including $178,225 in cash and $1,241,000 in listed shares.

• Net cash used in operating activities was $153,000 for the quarter and $504,000 for the year to date.

• Cash and cash equivalents decreased from $331,000 to $178,000 during the quarter.

• Payments to related parties totaled $50,360 for the quarter, covering director fees and superannuation.

Outlook and guidance

• Estimated 1.16 quarters of funding available based on current cash and outgoings.

• Confident in ability to raise additional capital through equity or loans if required.

• Directors may defer expenditure, relinquish projects, or reduce costs to manage cash outflows.