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Wishbone Gold (WSBN) investor relations material
Wishbone Gold H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
2025 marked a year of restructuring, including voluntary administration of Wishbone Gold WA Pty Ltd, resulting in a clean financial slate and renewed exploration activity in Western Australia.
Significant fundraising of £7.95 million in 2025 and an additional £1.1 million in April 2026 strengthened the balance sheet and funded exploration.
Share consolidation (100:1) reduced issued share capital, streamlining the capital structure.
Financial highlights
Revenue for 2025 was £506,088, up from £116,510 in 2024.
Operating loss narrowed to £1,203,975 from £1,459,205 year-over-year.
Net loss for 2025 was £1,207,621, compared to £1,462,169 in 2024.
Cash and cash equivalents at year-end were £3,397,895, up from £124,895 in 2024.
Total assets increased to £12,600,370 from £6,141,717 year-over-year.
Outlook and guidance
Exploration programs in Western Australia are ongoing and expanding into 2026, with further drilling and assay results expected.
Acquisition of the Silver Lake Project is expected to enable low-level production within the year.
The company is well-funded for current plans through 2026 following recent fundraising.
- 9,000m drill campaign in 2026 will expand on high-grade gold-copper mineralisation.WSBN
Status update14 May 2026 - Over 4,800m drilled at Red Setter; new Nifty access road to aid post-wet season drilling.WSBN
Status update14 May 2026 - Exploration breakthroughs and financial restructuring set the stage for 2025 growth.WSBN
H2 20247 Apr 2026 - Expanded exploration, higher loss, and strong funding position support ongoing project growth.WSBN
H2 20237 Apr 2026 - Operating losses widened and cash declined, but new funding supports continued exploration.WSBN
H1 20247 Apr 2026 - Reduced losses and strong cash position support ongoing exploration at Red Setter Dome.WSBN
H1 20257 Apr 2026
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