Quantum Graphite advances Uley 2 design while financing work gathers pace

• Uley 2 concentrator plant design 80% complete and cost review 75% complete
• Plant layout revised to preserve expansion capacity under the 20-year ore supply agreement
• Al Buraimi refinery surveys and site preparation scheduled, with Madayn lease negotiations advanced
• Quarterly relevant cash outflows of A$1.272 million against A$50,000 in reported cash