Trading halt?, page-55

Yes the capex for SDV (US$376m) back in August had USDARS exchange of around 14.9.
Now it is around 17.2 which would bring the cost down to around US$325m
This is equivalent to around A$407m which is a healthy reduction of close of 20% versus the original figure of A$500m

A prepayment for 50% for 25kt of LCE at say US$12,000 would already give US$150m. Then
free cash flows for 2 years from Mt Cattlin would be 2 x US$75m which is another $150m
Then debt fund US$25mio.
I now see why Alan Rule said the 10 year offtake deal would then negate the need to debt fund anything. Any combination of the above could happen including the substitution of Mt Cattlin FCF by project equity from a partner