OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor WAF ASX

WEST AFRICAN RESOURCES LIMITED

Producer · Gold · Burkina Faso Rating locked: sign in to view v8 · waf-20261024t193341-full
Last 2026-11-06
A$3.45
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$3.9B
EV
A$3.3B
Cash
A$876.3M
Debt
A$388.1M
3 newer ASX announcements not yet reflected in this valuation

Narrative and provenance

Research & Sources

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Chronological evidenceSource-document inventory25 documents
Local eligible ASX WAF closeMarket Data · HighExtracted

Local eligible ASX WAF ordinary close A$3.67 on13 October2026; volume6,433,624; dated reference, not live24 October quote.

Document ID
doc-waf-20261013-price
Published UTC
2026-10-13T05:00:00+00:00
Projects
—
Commodities
gold
Open original source ↗
Production Update - September 2026 Quarter_2924-03145748-6A1348172Operations · HighPartial

Production Update - September 2026 Quarter_2924-03145748-6A1348172; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20261008-production
Published UTC
2026-10-07T21:14:29+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Update - Dividend_Distribution - WAF_2924-03143299-6A1347245Corporate Action · HighPartial

Update - Dividend_Distribution - WAF_2924-03143299-6A1347245; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20261001-dividend
Published UTC
2026-10-01T06:17:45+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Resources and Energy Quarterly September2026: official gold outlookOther · HighPartial

Official web Gold section inspected; retained excerpt and fingerprint. Publication date2October2026, exact release hour unavailable: timestamp is a date-only normalization. PDF download failed; no PDF table or retained PDF claimed.

Document ID
doc-gov-20261002-req
Published UTC
2026-10-02T00:00:00+00:00
Projects
—
Commodities
gold
Open original source ↗
Mining Forum Americas 2026 Presentation_2924-03141230-6A1346224Presentation · HighPartial

Mining Forum Americas 2026 Presentation_2924-03141230-6A1346224; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260929-presentation
Published UTC
2026-09-29T01:51:10+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Application for quotation of securities - WAF_2924-03136638-6A1344250Corporate Action · HighPartial

Application for quotation of securities - WAF_2924-03136638-6A1344250; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260917-capital
Published UTC
2026-09-17T06:32:15+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Application for quotation of securities - WAF_2924-03136087-6A1344020Corporate Action · HighPartial

Application for quotation of securities - WAF_2924-03136087-6A1344020; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260916-capital
Published UTC
2026-09-16T03:50:25+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Application for quotation of securities - WAF_2924-03134553-6A1343392Corporate Action · HighPartial

Application for quotation of securities - WAF_2924-03134553-6A1343392; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260911-capital
Published UTC
2026-09-11T03:40:43+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
WAF Delivers A$437 million NPAT for H1 2026Results · HighPartial

WAF Delivers A$437 million NPAT for H1 2026; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260910-results
Published UTC
2026-09-09T22:15:48+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
June 2026 Half Year Financial ReportResults · HighPartial

June 2026 Half Year Financial Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260910-half
Published UTC
2026-09-09T22:15:32+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Quarterly Activities ReportOperations · HighPartial

Quarterly Activities Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260729-quarter
Published UTC
2026-07-28T22:18:39+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
WAF hits 27m at 6.7 g_t gold 200m below M5 South UG reserve_2924-03110649-6A1333707Operations · HighPartial

WAF hits 27m at 6.7 g_t gold 200m below M5 South UG reserve_2924-03110649-6A1333707; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260714-drilling
Published UTC
2026-07-13T22:25:10+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Application for quotation of securities - WAF_2924-03108154-6A1332621Corporate Action · HighPartial

Application for quotation of securities - WAF_2924-03108154-6A1332621; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260706-capital
Published UTC
2026-07-06T03:23:05+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Quarterly Activities ReportOperations · HighPartial

Quarterly Activities Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260423-quarter
Published UTC
2026-04-22T22:12:06+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Burkina Government decree to acquire 25% of Kiaka for $175m_2924-03080668-6A1321201Economic Arrangement · HighPartial

Burkina Government decree to acquire 25% of Kiaka for $175m_2924-03080668-6A1321201; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260421-decree
Published UTC
2026-04-20T22:21:43+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
WAF 2026 Production Guidance_2924-03073761-6A1318575Guidance · HighPartial

WAF 2026 Production Guidance_2924-03073761-6A1318575; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260331-guidance
Published UTC
2026-03-30T21:20:04+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
WAF 10-year gold production to average 533,000 oz per annum_2924-03073794-6A1318598Resource Update · HighPartial

WAF 10-year gold production to average 533,000 oz per annum_2924-03073794-6A1318598; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260331-resources
Published UTC
2026-03-30T21:22:49+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
2025 Annual ReportResults · HighPartial

2025 Annual Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260317-annual
Published UTC
2026-03-16T21:16:48+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Quarterly Activities ReportOperations · HighPartial

Quarterly Activities Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20260128-quarter
Published UTC
2026-01-27T21:14:37+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Quarterly Activities ReportOperations · MediumPartial

Quarterly Activities Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20251103-quarter
Published UTC
2025-11-02T21:52:01+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
WAF delivers A$215 million NPAT for H1 2025Results · MediumPartial

WAF delivers A$215 million NPAT for H1 2025; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20250826-results
Published UTC
2025-08-25T22:03:21+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
June 2025 Half Year Financial ReportResults · MediumPartial

June 2025 Half Year Financial Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20250826-half
Published UTC
2025-08-25T22:03:11+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Quarterly Activities ReportOperations · MediumPartial

Quarterly Activities Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20250730-quarter
Published UTC
2025-07-29T22:24:30+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Quarterly Activities ReportOperations · MediumPartial

Quarterly Activities Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20250417-quarter
Published UTC
2025-04-16T22:18:48+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Amendment to Quarterly Activities ReportOperations · MediumPartial

Amendment to Quarterly Activities Report; selected material financial, operating, capital, ownership or geological pages reviewed within cutoff.

Document ID
doc-waf-20250417-amendment
Published UTC
2025-04-17T02:25:49+00:00
Projects
sanbrado · kiaka · toega
Commodities
gold
Open original source ↗
Evidence facts130
fact-waf-80production_quarter (sanbrado)

51920 oz

2026-09-30
fact-waf-81head_grade (sanbrado)

2.4 g/t

2026-09-30
fact-waf-82recovery_pct (sanbrado)

94.7 %

2026-09-30
fact-waf-83throughput (sanbrado)

716000 t

2026-09-30
fact-waf-87production_quarter (kiaka)

76030 oz

2026-09-30
fact-waf-88head_grade (kiaka)

0.9 g/t

2026-09-30
fact-waf-89recovery_pct (kiaka)

93.1 %

2026-09-30
fact-waf-90throughput (kiaka)

2871000 t

2026-09-30
fact-waf-103sanbrado Q3 2026 production

51920 oz

2026-09-30
fact-waf-108kiaka Q3 2026 production

76030 oz

2026-09-30
fact-waf-128GroupQ3gross gold output

127950 oz

2026-09-30
fact-waf-129GroupYTDgross gold output

360857 oz

2026-09-30
fact-waf-130M5Southstoping target

EarlyH22027 None

2026-10-08
fact-waf-125Special dividend per ordinary share

0.2 AUD/share

2026-10-07
fact-waf-19shares_basic

1144102726 shares

2026-09-22
fact-waf-20shares_fully_diluted; Total quoted ordinary shares plus all outstanding performance rights: 1,144,102,726 + 7,841,788 = 1,151,944,514; no exercise proceeds assumed.

1151944514 shares

2026-09-22
fact-waf-22ownership_pct (sanbrado)

85 %

2026-09-28
fact-waf-23ownership_pct (kiaka)

85 %

2026-09-28
fact-waf-86nameplate_capacity (sanbrado)

3200000 t/yr

2026-09-28
fact-waf-93nameplate_capacity (kiaka)

10000000 t/yr

2026-09-28
fact-waf-9cash

876300000.0 AUD

2026-06-30
fact-waf-10debt

388100000.0 AUD

2026-06-30
fact-waf-11lease_liabilities; Sum current and non-current components; table A$ million multiplied by 1,000,000.

23100000.0 AUD

2026-06-30
fact-waf-12book_equity

1958500000.0 AUD

2026-06-30
fact-waf-13revenue

1462700000.0 AUD

2026-06-30
fact-waf-14npat

351400000.0 AUD

2026-06-30
fact-waf-15operating_cash_flow

689800000.0 AUD

2026-06-30
fact-waf-16capex

202200000.0 AUD

2026-06-30
fact-waf-18ebitda; Unadjusted EBITDA proxy = 684.0m profit before tax +28.8m finance expense +76.0m depreciation/amortisation (note4 p27); withholding and FX remain in this proxy.

788800000.0 AUD

2026-06-30
fact-waf-111Group 2026-06-30 cash

876300000.0 AUD

2026-06-30
fact-waf-123Kiaka acquisition royalty commitment remaining per note18

1298000 oz

2026-06-30
fact-waf-124Kiaka acquisition royalty headline first tier

2500000 oz

2026-06-30
fact-waf-21quarterly_net_burn; Quarterly cash burn excluding financing = investing cash use A$112m minus operating cash inflow A$249m = -A$137m, i.e. positive operating/investing cash generation; rounded quarterly source.

-137000000.0 AUD

2026-06-30
fact-waf-24ownership_pct (toega)

85 %

2026-06-30
fact-waf-25ownership_pct (mv3)

100 %

2026-06-30
fact-waf-100sanbrado Q4 2025 production

49732 oz

2025-12-31
fact-waf-101sanbrado Q1 2026 production

42024 oz

2026-03-31
fact-waf-102sanbrado Q2 2026 production

57608 oz

2026-06-30
fact-waf-105kiaka Q4 2025 production

62287 oz

2025-12-31
fact-waf-106kiaka Q1 2026 production

65704 oz

2026-03-31
fact-waf-107kiaka Q2 2026 production

67571 oz

2026-06-30
fact-waf-114Group Q3 2025 aisc

2361 AUD/oz

2025-09-30
fact-waf-115Group Q4 2025 aisc

2401 AUD/oz

2025-12-31
fact-waf-116Group Q1 2026 aisc

2766 AUD/oz

2026-03-31
fact-waf-117Group Q2 2026 aisc

2437 AUD/oz

2026-06-30
fact-waf-118sanbrado Q2 2026 unit_cost

2446 AUD/oz

2026-06-30
fact-waf-119kiaka Q2 2026 unit_cost

2346 AUD/oz

2026-06-30
fact-waf-131GroupQ2reportedAISC

2437 AUD/oz

2026-06-30
fact-waf-94best_intercept_text (sanbrado)

29m at 16.4 g/t Au text

2026-07-14
fact-waf-95best_intercept_gxm (sanbrado); Recent infill interval 29 metres multiplied by 16.4g/t =475.6 gram-metres; drilled width, not true width or a reserve addition.

475.6 gxm

2026-07-14
fact-waf-126Conditional SOPAMIB consideration in native currency

70000000000 XOF

2026-04-16
fact-waf-127Conditional source AUD consideration at400XOF perAUD

175000000 AUD

2026-04-16
fact-waf-85guidance (sanbrado)

200000 oz/yr

2026-03-31
fact-waf-92guidance (kiaka)

260000 oz/yr

2026-03-31
fact-waf-26resource_tonnes (sanbrado); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

7760000 t

2025-12-31
fact-waf-27resource_contained (sanbrado); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

680000 oz

2025-12-31
fact-waf-28resource_grade (sanbrado); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

2.7255624 g/t

2025-12-31
fact-waf-29resource_tonnes (sanbrado); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

27170000 t

2025-12-31
fact-waf-30resource_contained (sanbrado); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

1560000 oz

2025-12-31
fact-waf-31resource_grade (sanbrado); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

1.7858455578947368 g/t

2025-12-31
fact-waf-32resource_tonnes (sanbrado); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

11400000 t

2025-12-31
fact-waf-33resource_contained (sanbrado); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

730000 oz

2025-12-31
fact-waf-34resource_grade (sanbrado); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

1.9917138652631579 g/t

2025-12-31
fact-waf-35resource_tonnes (sanbrado); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

46330000 t

2025-12-31
fact-waf-36resource_contained (sanbrado); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

2970000 oz

2025-12-31
fact-waf-37resource_grade (sanbrado); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

1.9938986854306064 g/t

2025-12-31
fact-waf-38reserve_tonnes (sanbrado); Aggregate source Proved + Probable deposit quantities within this asset, applying table thousands scale; grade reconciles summed contained ounces to ore tonnes using 31.1034768g per oz. No resources are added to reserves.

26770000 t

2025-12-31
fact-waf-39reserve_contained (sanbrado); Aggregate source Proved + Probable deposit quantities within this asset, applying table thousands scale; grade reconciles summed contained ounces to ore tonnes using 31.1034768g per oz. No resources are added to reserves.

1740000 oz

2025-12-31
fact-waf-40reserve_grade (sanbrado); Aggregate source Proved + Probable deposit quantities within this asset, applying table thousands scale; grade reconciles summed contained ounces to ore tonnes using 31.1034768g per oz. No resources are added to reserves.

2.0216678980948823 g/t

2025-12-31
fact-waf-41resource_tonnes (kiaka); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

13490000 t

2025-12-31
fact-waf-42resource_contained (kiaka); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

300000 oz

2025-12-31
fact-waf-43resource_grade (kiaka); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

0.6917007442550036 g/t

2025-12-31
fact-waf-44resource_tonnes (kiaka); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

242830000 t

2025-12-31
fact-waf-45resource_contained (kiaka); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

5980000 oz

2025-12-31
fact-waf-46resource_grade (kiaka); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

0.7659629834205 g/t

2025-12-31
fact-waf-47resource_tonnes (kiaka); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

134760000 t

2025-12-31
fact-waf-48resource_contained (kiaka); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

2960000 oz

2025-12-31
fact-waf-49resource_grade (kiaka); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

0.6831870831700801 g/t

2025-12-31
fact-waf-50resource_tonnes (kiaka); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

391080000 t

2025-12-31
fact-waf-51resource_contained (kiaka); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

9240000 oz

2025-12-31
fact-waf-52resource_grade (kiaka); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

0.7348780956121509 g/t

2025-12-31
fact-waf-53reserve_tonnes (kiaka); Aggregate source Proved + Probable deposit quantities within this asset, applying table thousands scale; grade reconciles summed contained ounces to ore tonnes using 31.1034768g per oz. No resources are added to reserves.

177290000 t

2025-12-31
fact-waf-54reserve_contained (kiaka); Aggregate source Proved + Probable deposit quantities within this asset, applying table thousands scale; grade reconciles summed contained ounces to ore tonnes using 31.1034768g per oz. No resources are added to reserves.

4660000 oz

2025-12-31
fact-waf-55reserve_grade (kiaka); Aggregate source Proved + Probable deposit quantities within this asset, applying table thousands scale; grade reconciles summed contained ounces to ore tonnes using 31.1034768g per oz. No resources are added to reserves.

0.8175430192791472 g/t

2025-12-31
fact-waf-56resource_tonnes (toega); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

220000 t

2025-12-31
fact-waf-57resource_contained (toega); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

10000 oz

2025-12-31
fact-waf-58resource_grade (toega); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

1.4137944 g/t

2025-12-31
fact-waf-59resource_tonnes (toega); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

12680000 t

2025-12-31
fact-waf-60resource_contained (toega); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

760000 oz

2025-12-31
fact-waf-61resource_grade (toega); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

1.864246243533123 g/t

2025-12-31
fact-waf-62resource_tonnes (toega); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

3300000 t

2025-12-31
fact-waf-63resource_contained (toega); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

390000 oz

2025-12-31
fact-waf-64resource_grade (toega); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

3.67586544 g/t

2025-12-31
fact-waf-65resource_tonnes (toega); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

16200000 t

2025-12-31
fact-waf-66resource_contained (toega); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

1160000 oz

2025-12-31
fact-waf-67resource_grade (toega); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

2.227162536296296 g/t

2025-12-31
fact-waf-68reserve_tonnes (toega); Aggregate source Proved + Probable deposit quantities within this asset, applying table thousands scale; grade reconciles summed contained ounces to ore tonnes using 31.1034768g per oz. No resources are added to reserves.

10430000 t

2025-12-31
fact-waf-69reserve_contained (toega); Aggregate source Proved + Probable deposit quantities within this asset, applying table thousands scale; grade reconciles summed contained ounces to ore tonnes using 31.1034768g per oz. No resources are added to reserves.

580000 oz

2025-12-31
fact-waf-70reserve_grade (toega); Aggregate source Proved + Probable deposit quantities within this asset, applying table thousands scale; grade reconciles summed contained ounces to ore tonnes using 31.1034768g per oz. No resources are added to reserves.

1.7296276648130393 g/t

2025-12-31
fact-waf-71resource_tonnes (mv3); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

2310000 t

2025-12-31
fact-waf-72resource_contained (mv3); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

160000 oz

2025-12-31
fact-waf-73resource_grade (mv3); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

2.1543533714285714 g/t

2025-12-31
fact-waf-74resource_tonnes (mv3); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

2500000 t

2025-12-31
fact-waf-75resource_contained (mv3); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

140000 oz

2025-12-31
fact-waf-76resource_grade (mv3); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

1.7417947008 g/t

2025-12-31
fact-waf-77resource_tonnes (mv3); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

4810000 t

2025-12-31
fact-waf-78resource_contained (mv3); Sum the source table category quantities across the deposits named in this asset; table tonnes and ounces are thousands, each multiplied by 1,000. Sanbrado excludes Toega and MV3. Current registered ownership is not applied here.

300000 oz

2025-12-31
fact-waf-79resource_grade (mv3); Reconciled aggregate grade = sum of source rounded gold ounces x 31.1034768 grams per ounce / sum of source ore tonnes; this is a derived aggregation grade, not an issuer quoted grade. Source-native deposit grades retained in research.

1.9399257879417877 g/t

2025-12-31
fact-waf-1cash

584100000.0 AUD

2025-12-31
fact-waf-2debt; Sum current and non-current components; table A$ million multiplied by 1,000,000.

438200000.0 AUD

2025-12-31
fact-waf-3lease_liabilities; Sum current and non-current components; table A$ million multiplied by 1,000,000.

14900000.0 AUD

2025-12-31
fact-waf-4book_equity

1720000000.0 AUD

2025-12-31
fact-waf-5revenue

1543000000.0 AUD

2025-12-31
fact-waf-6npat

473900000.0 AUD

2025-12-31
fact-waf-7operating_cash_flow

789700000.0 AUD

2025-12-31
fact-waf-8capex

430000000.0 AUD

2025-12-31
fact-waf-17ebitda; EBITDA proxy = profit before tax 807.9m + finance expense 30.0m + depreciation/amortisation 102.1m (note20 p77) = A$940.0m; FX gains and withholding charges remain included, nonstandard proxy.

940000000.0 AUD

2025-12-31
fact-waf-84production_fy (sanbrado)

205228 oz

2025-12-31
fact-waf-91production_fy (kiaka)

95155 oz

2025-12-31
fact-waf-109Group 2024-12-31 cash

391700000.0 AUD

2024-12-31
fact-waf-110Group 2025-12-31 cash

584100000.0 AUD

2025-12-31
fact-waf-96sanbrado Q4 2024 production

51178 oz

2024-12-31
fact-waf-99sanbrado Q3 2025 production

59852 oz

2025-09-30
fact-waf-104kiaka Q3 2025 production

32869 oz

2025-09-30
fact-waf-98sanbrado Q2 2025 production

45611 oz

2025-06-30
fact-waf-113Group Q2 2025 aisc

2315 AUD/oz

2025-06-30
fact-waf-97sanbrado Q1 2025 production

50033 oz

2025-03-31
fact-waf-112Group Q1 2025 aisc

2013 AUD/oz

2025-03-31
fact-waf-price20261013Eligible local close: one ordinary share

3.67 AUD/share

2026-10-13
fact-gov-gold20312031 gold price forecast, real terms

3760 USD/oz

2031-12-31
Conflicts requiring judgment2
  • ordinary versus outstanding rights classification

    Latest Septemberpresentation confirms1,144,102,726 ordinary and7,841,788 rights. September16form differs by851,158 between classes but fully diluted totals agree at1,151,944,514. Use latest snapshot for ordinary comparison and invariant FD total for valuation; legal registry confirmation remains an administrative limit.

  • Kiaka3%NSR remaining ounces

    None