West African Resources Limited (WFRSF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

recording in progress good morning and welcome to the west african resources investor webinar and conference call all attendees are a listen-only mode if you would like to ask a question directly to the company please use the raise hand function within zoom i'll now hand over to west african executive chairman and ceo richard hyde thank you richard thanks nathan good morning and welcome to the december 2025 Investor Conference call for West African Resources, and thanks for joining us today. Joining me on the call today, we have our Chief Financial Officer, Padraig O'Donoghue, and our General Manager of Finance, Todd Giltay. Our Chief Operating Officer, Lyndon Hopkins, is on site at the moment in Burkina. The December 2025 quarter has delivered another strong period of gold production across both our Sanbrado and Kiaka gold operations in Burkina Faso. with just over 112,000 ounces of gold produced across the operations, delivering an operating run rate that bodes well for our gold production in calendar year 2026. Our total gold production for calendar year 2025 was a touch over 300,000 ounces of gold, with Kyaka stepping up in Q4. This was well within our production guidance for the year. What's more is that we completed this achievement with no significant health, safety or social incidents, which is especially important to us and demonstrates our commitment to operating in a safe and responsible manner at all times. We sold 105,995 ounces of gold at an average price of $4,058 per ounce for the quarter, and we remain fully unhedged. therefore allowing WAF to take full advantage of the record gold prices we are currently seeing. With our all-in standing costs averaging US$1,561 per ounce across the two operations, we've been able to deliver AU$389 million of cash fl...