Westgold Resources Limited (WGX) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to today's webinar. I'll now hand you over to Wayne. Welcome and thank you for joining West Gold's June 2026 quarterly results call. Today, Aaron Rankin, our Chief Operating Officer, Tommy Heng, our Chief Financial Officer, and Kasun Learanachi, our Group Manager of Investor Relations and Communications, joins me on the call. We will review today's quarterly report and presentation before opening up for your questions. I'll start with safety, which remains our priority. In Q4, we reported no lost time injuries. We also saw continued improvement across key lead and lag safety indicators. This result is supported by sustained frontline engagement, critical control verification and leadership field presence and reflects our ongoing focus on fatality prevention, critical risk management and injury reduction across the group. To our business performance, FY26 was a defining year for Westcold. We exceeded production guidance at 387,000 ounces, delivered costs within guidance with an all in sustaining cost of $2,841 per ounce. Critically, we increased treasury to $939 million. In Q4 alone, we produced just shy of 100,000 ounces and generated 233 million underlying cash. Our strategy is delivering what we designed it to, stronger production driving stronger cash generation. These two factors combined enable stronger returns to our shareholders. We hit our targets in FY26. We exceeded the top end of production guidance and delivered all-in sustaining costs within our guided range. We continue to advance our growth projects. Bluebird South Junction and Great Fingal Developments are progressing and the Murchison Open Pit Program commenced early. We are investing pragmatically in projects and infrastructure required to support future production growth. These investments ...