Not correct ... as I suspect there's double counting in above analysis??
DBSA $59.6M
IDC $53.4M
CDRB $40.0M
POSCO $40.0M (potential equity in BKT)
Total available $193M
Module 1 capex $225M*
Working capital $20M
Total required $245M
* this figure already includes $22M of contingencies which is typically amount set aside for "overruns" and scope creep, etc but excludes working capital.
IMO, the shortfall is $52M based on this analysis unless there's something I have missed??
Not correct ... as I suspect there's double counting in...
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