
Westgold Resources Limited (WGX:CA) Q4 2027 Guidance Call Transcript
Seeking Alpha
Published: Sep 09, 2026, 04:25 AM
SA Transcripts 162.13K Followers Follow Westgold Resources Limited ( WGX:CA ) Q4 2027 Guidance Call September 8, 2026 10:00 PM EDT Company Participants Wayne Bramwell - CEO, MD & Executive Director Aaron Rankine - Chief Operating Officer Su Heng - Chief Financial Officer Leigh Devlin Simon Rigby - Chief Growth Officer Presentation Unknown Executive Good morning, and thank you for joining us. Today, I will take you through Westgold's FY '27 guidance and our updated 3-year outlook. The headline is simple. We have a fully funded organic growth plan to lift group production from 385,000 to 425,000 ounces in FY '27 to 460,000 to 510,000 ounces by FY '29. We are investing ahead of production predominantly in the Murchison to expand our mining fronts, better utilize our processing hubs, and drive our operating costs down. The plan expands Westgold production towards 500,000 ounces by FY '29, and this excludes the important and critical Fletcher Zone at Beta Hunt. This slide captures the next steps in Westgold's evolution. We produced 387,000 ounces in FY '26. FY '27 production guidance is 385,000 to 425,000 ounces, rising to 460,000 to 510,000 ounces in FY '29. The plan going forward delivers circa 9% compound annual growth from FY '27 to the FY '29 mid-point. At the same time, installed processing capacity increases to more than 7 million tonnes per annum with all-in sustaining cost is expected to reduce to between AUD 2,640 and AUD 3,000 per ounce by FY '29 on an FY '27 real cost basis. The critical point on the right side of the slide is that Fletcher at Beta Hunt is upside to and not required to deliver the 3-year outlook. The base plan is designed to be executable from our existing portfolio of operating assets. The confidence to accelerate organic growth comes from delivery in FY '26. Westgold achieved record production, exceeded annual production guidance
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