Notional net debt decreased by $65 million in the September period and WAF ended the quarter in a positive notional net cash position of $8 million, which included A$130 million of cash on hand and 9375 ounces of unsettled gold bullion.
Earlier this month another US$28 million was paid to debt provider Taurus, reducing the loan balance to $65 million.
Sanbrado produced 82,000oz at all-in sustaining costs of $690/oz in the September quarter, with the unhedged miner receiving an average of $1789/oz for its sales.
The company reiterated its belief it'll beat full year guidance of 280,000oz at AISC of less than $800/oz.
Shares in WAF were up 3% to A$1.44 in morning trade, capitalising the company at $1.27 billion.
The stock has surged about 50% over the past two weeks.
