MGT $ 1.00 TARGET PRICE 2024, page-871

No not for their CEIP which is the core business, they have signed deals with AMP energy to build a green hydro plant and SA government for Northern desal plant.

Both are making payments on purchasing land and AMP will make staged payments up to production with royalties after so essentially non dilutionary funding.

So now working on slurry pipe using desal water costs and DRI plant.

Have said they are hoping to get partners for mine and DRI in 2025.

Here’s the thing they haven’t received any performance rights and their total wages are not much less than Tim’s individual salary.