The announcement today says “capital expenditure sits at 33% of the Phase 1 budget” which was US$118.4M (A$182M). At end of January they had sunk A$42M which was 23%. That announcement implies as of today they have now sunk up to A$60M, which would leave A$122M or US$79.3M.
All figures are capex including the 13% contingency.
Ann: HMW Project Achieves 1,000t LCE Contained Inventory, page-31
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