for financiers of the project, they would be better off with something from that project rather than ownership of MNS
For example, investors would either get a share of IM3NY or a guaranteed share of the production at a set price (same for townsville).
Investors could also ask for part of Nachu or its output at a set price.
Highly unlikely that someone wanting raw product from Nachu wants to own a battery project in NY or vise versa....this is not financing any project, it's to top up the bank account to pay salaries and rent...at least its reduced from the cash burn from last year
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