Westgold Resources Limited (WGX:CA) Q4 2026 Earnings Call Transcript

Welcome to today's webinar. I'll now hand you over to Wayne.

Welcome, and thank you for joining Westgold's June 2026 Quarterly Results Call. Today, Aaron Rankine, our Chief Operating Officer; Tommy Heng, our Chief Financial Officer; and Kasun Liyanaarachchi, 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, FY '26 was a defining year for Westgold. 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 2 factors combined enable stronger returns to our shareholders. We hit our targets in FY '26. And 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 Fingall developments are progressing and the Murchison Open Pit program commenced early. We are investing pragmatically