Ann: Thunderbird Construction Over 75% Complete, page-26

I also thought they were trying to be cute but can now say with confidence that @BaliHai is correct in their assessment of the available contingency remaining still being $54m (and not $13m as you indicate). That is if the remaining construction and commission go in accordance with revised budget, they will still have $54m left (relative to the $484m budget).

I think I can see why you may be confused but any attempt to reconcile the most recent update with previous presentations from SFX showing contingencies and cost overrun facilities is not possible as the presentations are based on figures at a specific point in time (ie. from August 2022 in the October FID Presentation). The most recent ASX release is reporting numbers from the outset of construction. Essentially we do not have the required variables to conduct the reconciliation.

If you have any doubt that $54m is currently available in contingency/cost overrun I urge you to contact the Company and ask the specific question and they will confirm this to be true.