West African Resources Ltd (OTCPK:WFRSF)
$ 1.12 0.05 (4.67%) Market Cap: 1.31 Bil Enterprise Value: 1.32 Bil PE Ratio: 11.31 PB Ratio: 2.07 GF Score: 46/100

West African Resources Ltd to Provide Update on Production and Cost Guidance, Resources, Reserves and Sanbrado Gold Operations 10-year Production Outlook Transcript

Feb 22, 2022 / 12:00AM GMT
Release Date Price: $0.7777 (-6.86%)
Nathan Ryan
West African Resources Limited - IR Contact

Good morning, and welcome to the West African Resources Investor Webinar and Conference Call. All attendees are in a listen-only mode. (Operator Instructions) I'll now hand over to West African Resources' Executive Chairman and CEO, Richard Hyde. Thank you, Richard.

Richard Hyde
West African Resources Limited - Founder, Executive Chairman & CEO

Thank you, Nathan, and thanks to everyone for dialing in and listening. I'm pleased to deliver our unhedged gold production guidance for 2022. This year, we're targeting between 220,000 and 240,000 ounces of gold production at all staining costs of between USD 1,040 to USD 1,100 per ounce.

We have seen costs increase across the board generally in the last 18 months, but I'll speak to the specific costs in a moment. Because while we've seen some costs increase across the board, some of our costs in '22 are transitory, and we expect [assets] to return -- adjust to normal levels from 2023 onwards. One of the big changes for the company this year has

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