Yep, I totally agree Sam, they just flogging a dead horse. Like...

Yep, I totally agree Sam, they just flogging a dead horse.

Like HIO, they'll spend big money on Studies and optimisation to lower production costs, etcetera.
Share holders will most certainly be tapped again for a CR to complete this drawn-out process.
.
Unless a takeover happens or a big offtake partner stumps up the billions $$$ to get this off the ground, MGT will continue to flounder along.
Big money won't come easily or cheaply & I'd' hate to think what sort of discount an underwriter or institution would request to satisfy their lending terms. If at all.

I really dont see a favourable FID end 2024 or whenever it's announced.
Hope I am wrong though!

The only thing getting mined here is Share Holder pockets.

This is my opinion only and should be taken as just that