The bottom line here next is that I have no vested interest in...

The bottom line here next is that I have no vested interest in MGT and do not hold a biased view.
However, the directors, consultants & study teams do have a vested interest in the form of being paid very very well.
Why would they concede the project simply isn't viable as there is no suitable water source close by.

This would've been known way back in 2010. If Royal done their due diligence properly they'd have never acquired it to begin with.
The longer they can drag it out the better off they are.

Go back through the history and look at all the announcements, you'll notice water is very rarely mentioned. When it doe's get a mention it's very loosely refered to & hidden amongst all the spin and hype generating statements. Most punters buy the spin and get gaught up in the hype they never even consider such a small thing like water!

Ill say it again, the only thing MGT will be mining are shareholders pockets as they have done since 2009.

Attached is a piece i like from an announcement way way back in 2009. ALMOST 15 YEARS AGO

Yes thats 15 years of MINING shareholders pockets!