The potential sale of assets hasn't been removed, and there's also the potential for a cap. raise in FY24.
"..........BCI’s cash balance at 30 Sept 2022 was $188M (30 June 2022: $209M) and the Company’s net debt remains zero. With cash in the bank, access to $100m of convertible notes, ongoing Iron Valley royalty earnings and potential asset sales, BCI will have sufficient construction funding to cover all current and scheduled contract awards for the full financial year to June 2023 without requiring further capital.............."
"80% complete" Maybe its 80% has approval and permits for construction?
Depends what method of ,measurement is assumed, 80% $$ value, 80% budgeted manhours, 80% cubic metres of material, 80% linear metres of embankment, 80% pond storage volume, who knows?
Or maybe it's just 80% of what they have built to date of pond 1 & 2, and rock armour is another 20%.
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