West Wits Mining
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West Wits Mining (WWI) investor relations material

West Wits Mining Q3 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 TU earnings summary28 Apr, 2026

Executive summary

  • Achieved maiden gold pour at Qala Shallows in March 2026, marking transition to gold producer.

  • Production ramp-up underway, targeting steady-state output by 2028.

  • Secured ~163,000L diesel for energy security; grid power connection expected Q4 2026.

  • Institutional equity placement of A$33.74M fully funds Qala Shallows to steady-state.

  • Project 200 Scoping Study initiated to assess scaling production to ~200koz p.a.

Financial highlights

  • Institutional placement raised A$33.74M, including A$10M from Tribeca Investment Partners.

  • Received $1.6M from exercise of options during the quarter.

  • Cash and cash equivalents at quarter end: A$40.1M.

  • Net cash used in operating activities: A$2.17M for the quarter.

  • Net cash used in investing activities: A$12.52M for the quarter.

Outlook and guidance

  • Focused on ramping up production and achieving operational consistency.

  • Targeting steady-state production of ~70,000oz per annum over a 12-year mine life.

  • Project 200 Scoping Study to be completed by June 2026, aiming for ~200,000oz p.a.

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