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West Wits Mining (WWI) investor relations material
West Wits Mining Q4 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 1 West Decline breakthrough at Qala Shallows, unlocking access to higher-grade stoping areas and accelerating production ramp-up.
Underground development totaled 544m for the quarter, with 375m on-reef and 168m waste development.
Delivered 4.6kg (148oz) of gold in the quarter, with YTD production at 7.05kg (227oz).
Surface infrastructure 45% complete, including haulage road, warehouse, and pollution control dam.
Completed full project finance package and repaid Nebari bridge loan, securing long-term funding.
Financial highlights
Cash at 30 June 2026 was approximately A$32M.
Quarterly expenditure: $11.1M on Qala Shallows development and $2.8M on plant and equipment.
Net cash used in operating activities for the quarter: A$3.26M; investing activities: A$13.93M; financing activities: net inflow of A$9.26M.
Cash and cash equivalents at period end: A$32.1M.
Outlook and guidance
Project 200 Scoping Study expanded to assess multiple development and processing pathways, targeting up to 200,000oz per annum; results expected early August 2026.
Plans to implement exploration program for Bird Reef Central Uranium/Gold Project.
Operational focus for next quarter: advance development rates, ramp up production, and execute Scoping Study.
- Fully funded gold project with 7.24Moz resource, robust economics, and major expansion plans.WWI
Investor presentation5 May 2026 - First gold pour achieved, ramp-up underway, and funding secured for steady-state production.WWI
Q3 2026 TU29 Apr 2026 - Fully funded, ramping up Qala Shallows for first gold in March 2026, with expanded WBP ownership.WWI
H1 202629 Mar 2026 - Qala Shallows is production-ready with financing in progress, but going concern risks remain.WWI
H2 202427 Mar 2026 - Secured major funding, advanced Qala Shallows, and posted a $3.68m FY25 loss with strong cash reserves.WWI
H2 202527 Mar 2026 - First gold expected March 2026, with major expansion and strong ESG focus underway.WWI
RIU Explorers Conference 202617 Feb 2026 - Fully funded gold project with 7.24Moz resource, strong economics, and first gold in March 2026.WWI
Investor presentation8 Feb 2026 - Qala Shallows reached first underground ore production and secured full funding for gold output in 2026.WWI
Q2 2026 TU23 Jan 2026 - Capital raise, improved DFS, and active promotion set stage for October production start.WWI
AGM 202523 Nov 2025
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