Chuk,
Here is the concise version:
- Flow test activity delayed by 4 months.
- Aims to secure a trade sale/major JV by the end of Q2 2025.
- If can't find buyer then will go for dual listing by Q3 2025
- Company need additional fund for flow test activity - raising additional capital via a convertible loan instrument.
- MQG will communicate Tier 1 counterparties this week about revised flow test program.
