Strong Operational Performance Powers West African Resources’ Solid Quarterly Cash Flow

April 17, 2025 05:29 PM AEST | By Team Kalkine Media

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Strong Operational Performance Powers West African Resources’ Solid Quarterly Cash Flow — Image source: Shutterstock

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Highlights

Operating cash flow hits $73 million for the quarter

$122.7 million invested into infrastructure and growth

Maintains $417.1 million in loan facilities

West African Resources (ASX:WAF) has released its latest quarterly cash flow report, showcasing a strong operational performance that continues to support the company's strategic investments and financial position.

For the quarter, the company reported cash flows from operating activities of $73.0 million, primarily driven by receipts from customers totaling $218.6 million. This solid cash inflow reflects sustained production and healthy market demand for West African Resources' output. The robust operational performance is helping the company maintain strong liquidity while supporting its ongoing growth initiatives.

The company’s commitment to expansion and long-term asset development is evident in its investing activities. During the quarter, West African Resources allocated $122.7 million in cash towards investing, primarily focused on property, plant, and equipment. This substantial investment signals a continued push to enhance infrastructure and operational capacity, likely tied to the development of current projects or enhancements across its portfolio.

On the financing front, the company reported a cash outflow of $14.1 million. This includes interest payments on borrowings and payments related to lease liabilities. These activities highlight prudent financial management while fulfilling existing obligations and sustaining capital structure.

West African Resources continues to maintain strong financial backing through its financing facilities. The company currently has access to loan facilities amounting to $417.1 million, of which $15.1 million is drawn under equipment finance facilities. This financial arrangement offers flexibility for funding future developments or cushioning against market fluctuations.

The company’s financial disclosures paint a picture of operational strength, strategic reinvestment, and sound financial footing. With steady customer receipts and a clear direction for capital allocation, West African Resources (WAF) appears to be positioning itself well for its future objectives and ongoing development programs.

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