1. WPM's production growth expected from Blackwater, Copper World, and Salobo. 2. Analyst upgrades WPM to Outperform with price forecast raised to $130. 3. Gold price outlook increased to $4,600 per ounce in 2026. 4. WPM projected to grow production over 45% by 2030. 5. Key risks include asset concentration and project execution challenges.