Westgold Resources Ltd (ASX:WGX)
A$ 2.54 0.12 (4.96%) Market Cap: 1.20 Bil Enterprise Value: 1.01 Bil PE Ratio: 18.41 PB Ratio: 1.86 GF Score: 66/100
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Q2 2024 Westgold Resources Ltd Activities Report Call Transcript

Jan 31, 2024 / 12:00AM GMT
Release Date Price: A$2.21 (+0.45%)
Operator

Good Morning, everybody, and welcome to the Westgold Resources Limited December quarter FY24 conference call. Your speakers for today's call are Wayne Bramwell, Managing Director; Tommy Heng, CFO; Phillip Wilding, COO; Matthew Pilbeam, GM, EH&S; Simon Rigby, GM exploration; and Melissa Wren, GM People.

With that, I'd like to hand you over to your first speaker for the call Mr. Wayne Bramwell.

Wayne Bramwell Westgold Resources Limited;MD

Thank you, Shane, and welcome, everyone, to today's webinar. I've got the full executive team with me today. So this will be a far more full-some webinar. Let's go straight to slide 3. Q2 cash build continues at Westgold, another solid quarter for Westgold during Q2, where we added $21 million to the Treasury, lifting the balance to $238 million in cash and bullion.

At safety performance, continued its positive trajectory, which was extremely pleasing. During the quarter, we produced 59,000 ounce of gold and an all-in sustaining cost of $2,245 an ounce production was lower than we would have liked

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