Mak the engineering report had estimate of Funding for 50 mil (BS and Windarra start) - all that considered the 100m would be an estimate to fund ALL our projects in one go
including any blowout costs
But recently management statement - have alluded they are confident with generating quick cash flow - i.e guaranteed with recent offtake BHP
And the recent startegy change to focus on Windarra and LJ - making capex below 20mil
Mrs Einstein is forecasting capex for ALL projects including a comfortable buffer - IMO - the strategy has changed there is a fast track focus in progress
Windarra Funding, page-25
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