You haven't taken into account that the funds only go into the corporation on 7 March so 67 days the higher balance is owing and given the capex my expectation is that the balance right now is slightly north of 100Million. I model my own numbers to see what I think is the moving picture. I am also not sure what fees they include as finance cost as a revision of $5million upwards probably had costs.
Certainly If you take the end balance and then the 109 days with $28 million off it it suggests the interest rate is around 6.5% not over 7%.
However really this isn't constructive and I really see no reason to engage further. Time for both of us to put each other on ignore.
My issue was that your interest rate was wrong.
You haven't taken into account that the funds only go into the...
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