Okay, I'm now highly suspicious that you're a troll, as the level of critical thinking you're applying is pretty woeful. Again since when has 15% of $175 million been $52 million plus of annual interest!? The DFS numbers which the company has reiterated in presentations clearly state costs of $300 USD/Tonne. The lithium carbonate price has stabilised and is still resulting in income per tonne of >$600.
Again it's very simple from there to see scale production anywhere near 200,000 tonnes per year with costs anywhere near $450 AUD suggested makes for very healthy margin and comfortable capital to meet obligations.
Perhaps consider the numbers properly rather than taking a cursory and unsubstantiated Dow Newswire and running with it. At the very best the wire implies $740 would be enough to pay interest down and clear principal. If Altura were debt free at the end of 2020 with the sort of cashflow needed to achieve that it would be valued nearer a $1 billion AUD.
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