I think a few posts back I played with some figures, might be...

I think a few posts back I played with some figures, might be helpful?


Regarding Scotia -


and


Upon reflection, it would seem that PNR are aiming to have a solid stockpile of ore (perhaps 200-300kt+) as a rolling backup....
As they have stated Lantern/Scotia open pits will finish in Dec Q (with 400kt stockpiled), then see them start mining Slippers in the Mar Q or CY25 (which will have perhaps 350kt). So theoretically 750kt of open pit ore for CY25 (though not all available simultaneously). Then in CY26 they again turn to the next open pit, Gladstone, which likely holds 500kt+, or... possibly 2 years of open pit feed and so on.

In the near term, this quarter should see the first ore from Scotia (just development ore, but hopefully it will grade higher than Scotia open pit), and then... it just keep ramping up. Might only be 50kt at 3g/t contributed, which is around 4k ounces, minus the 2g/t scotia or... lower stockpiles, and... maybe a 2-3k boost, which would see them produce around 22-23k. Then.. bigger boost in Q2FY25, closer to 24-25k etc.... hopefully this is conservative.

Though keen to see your figures!
All the while earning $1m a quarter in interest.
Crazy when I think about RMS or WAF sitting on $300-500m... that is some serious interest income.