Ann: 43% Increase in Mt Carbine Ore Reserves From Western Pit, page-6

Gopherbroke, You don't like the LGS? plus you got a small calculation error.

Open Cut - 1,660,400 MTUs
Low grade Stockpile - 732,750 MTUs

Total - 2,393,150

23,931.5t of contained WO3

$17761 p/t OF CONCENTRATE AT 50% ("The final realised price for each tonne of 50% WO3 concentrate used in the financial model is AU$17,761 in 2023")

23,931.5 / .5 = 47,863 tonnes of 50% dirt

But we need to take into account the extraction loss.


47,863 * 0.8 = 38,290 tonnes of 50% wo3 concentrate after losing 20% during processing


38,290 50%wo3 concentrate tonnes * $17,761 Aud for each tonne of 50% conc

38290*17761=680,075,790

$680m AUD of revenue.


I hope I haven't made any errors in there. Feel free to confirm with your own calcs all.