Brightstar Resources Earnings Call Transcripts
Fiscal Year 2026
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Plans are underway to build two major gold production hubs in Western Australia, targeting 200,000–300,000 oz per annum. Sandstone's resource has grown to 3.6 million oz, with further upside from exploration, while Goldfields is on track for first gold in nine months.
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Construction of the Goldfields plant is ahead of schedule, with expansion options built in and strong cash flow projections. Sandstone offers significant resource growth and is on track for a major upgrade, supporting ambitions to become a leading mid-tier gold producer.
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Significant growth has transformed the business into a multi-mine gold producer with robust cash flow and a clear path to mid-tier status. Goldfields Hub construction is imminent, while Sandstone offers major long-term upside, both fully funded and institutionally supported.
Fiscal Year 2025
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Aggressive growth and M&A have transformed the company into a major gold producer with nearly 4 million ounces in resources. Robust project economics, ongoing expansion at Laverton, Menzies, and Sandstone, and a clear path to over 200,000 ounces annual production by decade's end.
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Significant growth is underway with a major acquisition, expanded resource base, and robust project economics. Near-term production from Menzies and Laverton will fund the flagship Sandstone project, targeting over 200,000 ounces annually by 2029-2030.