West African Resources Limited (WFRSF) Q2 2026 Earnings Call Transcript

Good morning, and thank you for joining West African Resources June quarter conference call. Joining me today are the Chief Operating Officer, Lyndon Hopkins; Chief Financial Officer, Padraig O'Donoghue and General Manager of Finance, Todd Giltay. It's been an important and defining quarter for West African as we achieved record gold production across our gold operations in Burkina Faso with group gold production of just over 125,000 ounces. This effort firmly demonstrates we're on track to achieve our goal to become a plus 500,000-ounce gold producer, having achieved a run rate that exceeds that target this quarter. It was another strong quarter across the group for both Sanbrado and Kiaka contributing to year-to-date production performance and remaining on track to meet annual production guidance of 430,000 to 490,000 ounces of gold. We've achieved this at an all-in sustaining cost or AISC of USD 1,730 per ounce. This remains well under our 2026 guidance of $1,900 per ounce all-in sustaining costs. And we're tracking well on that year-to-date with all-in sustaining costs of USD 1,823 per ounce for the half year.