No, I'm not sure where you have got that figure from. Remember that in most O&G situations the final month of production in a quarter sees that revenue recognized in the following quarter. That can be quite confusing when an operation is ramping up. Notes 5 and 20 of the financial statements give a hint, given only Vali was online at that time - noting that the prepayment is tranched.
These notes show ~475k of revenue and a reduction in the prepayment of ~100k. I'd imagine this ratio will change as production increases, but when you think about it, it isn't in AGL's interest to remove cashflow from the JV if they want them to ramp up quickly to both supply the contract and repay the owings.
No, I'm not sure where you have got that figure from. Remember...
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