Oakajee (OKJ) H2 2026 earnings summary

Executive summary

• Continued focus on exploration and development activities in Australia, primarily at the Paynes Find Gold Project in Western Australia.

• Completed Aircore drilling in October 2025, identifying a new gold mineralised shear zone, with mineralisation open to the north, south, and west.

• Loss after income tax for the year was $543,170, compared to $528,690 in the prior year.

• Significant fair value gain of $2,590,826 on equity investments recognised in other comprehensive income.

Financial highlights

• Revenue and other income: $3,909 (2025: $16,018).

• Net loss after tax: $543,170 (2025: $528,690).

• Total comprehensive income: $2,047,656 (2025: loss of $39,690), driven by revaluation of equity investments.

• Cash and cash equivalents at year-end: $106,359 (2025: $178,225).

• Financial assets at fair value through OCI: $3,400,000 (2025: $1,241,000).

• Basic and diluted loss per share: (0.59) cents (2025: (0.58) cents).

Outlook and guidance

• Planning for a more extensive drilling program at Paynes Find is underway following successful follow-up drilling.

• Directors have not disclosed likely developments or expected results due to potential prejudice.