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10.0¢ kleos space s.a

Sorry, that should be jumbie, not lambie

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kgtom

2,990 Posts.

117

22/05/22

18:35

Post #: 61552949
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Originally posted by kgtom: ↑

I'm one of the ex-holders who now doubt the ability of the company to deliver.
Lambie says that he believes the company doesn't need another CR. That the revenue should cover expenses. I doubt that. They'd better start coming in quick. At the end of March KSS held $3.6m in cash. Last year, their staff and admin costs averaged less than $1m/qtr. Last qtr this was nearly $1.5m. Remember this is staff and admin and corporate only. This qtr they launched and getting even more getting even a bigger board. They are top heavy in my opinion. Anyway you look at it a CR is on the cards, IMO.

As I said, I like the idea of what they are attempting to do and will continue keeping my eye on this, but till they start earning a decent revenue, I look at KSS from afar

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Sorry, that should be jumbie, not lambie

KSS Price at posting: 52.0¢ Sentiment: None Disclosure: Not Held
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