MGT share price, page-10589

We should not be discussing HIO on this thread....
However funding is something both MGT and HIO need to get their projects off the ground so I will join in.
HIO's 200 million funding deal is not an arrangement I would personally vote for.
That said, if this was the "best option" available for the first 10% of required funds, how bad were the other offers??
Or, is this the only offer HIO received? Long way short of the funds required.... This, as a holder does not give me confidence!
Not sure if spruiking about the current deal as being anything great or bringing HIO closer to production than MGT is wise.

MGT has explained the timeline in many company announcements and have stuck to it well (a whole 7 days late releasing the PDF). Finance options will be part of the DFS as already stated. Not sure how much more transparent management can be??
My feelings are that the timeline given by MGT's management has added to the drop in share price since the PFS as day traders and profit takers know that there will be very little news prior the DFS so have sold their holdings and will re-enter closer to the DFS.
As MGT gets closer to the release date of the DFS my bet is this stock will be bought in big quantities as it was prior to the PFS, no more 6 million share per day, shares will change hands at a rate of 150 million per day (as they did prior to the PFS).
Those hoping for news any day now hoping for a run on the share price, my advice; relax, sit back and wait for the DFS. The company will be positively revalued with the release of the DFS....

One last thing I would like to mention regarding HIO. The 10 million TPA / slurry plan is very close to ROY's plan (2013 PFS) (the old company prior to MGT). The plan failed to get off the ground in 2013, trying to pump a slurry (10M TPA) from MGT's Razorback site all the way to port with a funding cost of around $2 billion AUD...
S.A. is bloody DRY, the driest state of the driest continent. I have major doubts that HIO will find the required water... I hope I'm wrong but this worries me more than the $2,000,000,000 finance. (Yes I know HIO is over the border in NSW)...