I might be misunderstanding the graph, or it may be incorrect. But it says in the Investor Presentation that each later stage is included in the previous stage. So the $91m in Stage 6 includes the $33m in Stage 7. So there is only really $58m in Stage 6 that is not already counted in Stage 7. I'm not sure if that applied to the Order book stage which is $28m at 100%. If the order book stage is included in Stage 8, then Stage 7 is only $5m incrementally over Stage 8. 85% of Stage 7 is $28.5m so if you take out Stage 8 you're left with $0.5m likely in the $5m of Stage 7.
If Stage 8 is not included in stage 7 it is clearer
Hence why I am confused and why you should possibly rethink your calculations to take into account the above.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-76
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