Current recurring revenue won't help them tread water. 500k will...

Current recurring revenue won't help them tread water. 500k will drop off next quarter as it was a final milestone payment. The 300k over 2 years won't add much. The issue I see is they have stated that the payment for site at shovel ready status was to be from cash reserves. 2mil won't go far. Narromine should have been ready in Nov with the first Vic site in the first month of 22.
they may eek it out if they can get building and pay themselves for the build, but need to get going asap. MPR needs a funding partner as the spp fell flat on its face.