Westgold Resources Ltd (STU:0W2)
€ 1.689 -0.006 (-0.35%) Market Cap: 1.63 Bil Enterprise Value: 1.52 Bil PE Ratio: 13.69 PB Ratio: 1.85 GF Score: 76/100

Westgold Resources Ltd at Red Cloud Securities Pre-PDAC Mining Showcase Transcript

Mar 03, 2023 / 04:50PM GMT
Release Date Price: €0.6076 (+0.46%)
Wayne Bramwell
Westgold Resources Ltd - MD

I'm Wayne Bramwell, I'm the Managing Director of Westgold. And thank you, Red Cloud for the opportunity to bring the Westgold story to Toronto. We've only got three objectives today: one, this will resonate with the audience, to be short; second one, to be interesting; and third, to get you interested in what Westgold is doing. So let's see how we go.

Westgold is six years old. We're a gold miner. We've been mining in Western Australia for six years, produced over 1 million ounces of gold today, on track to do 260,000 ounces this year.

We're marketing this as a turnaround story. And it very much is Westgold's in its second generation of management and after six years under previous leadership. And the cost structure in Western Australia drive some changes in the business.

New leadership, I'll talk to that as we go through. We'll very much talk about a change in business strategy about a simplification in our business and what we are doing going forward. One thing to take away, if you only take away one thing about Westgold, is that

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