We lose everything. The lot. Finished. Kapoot. Dusted.
They get to keep the sat which will be easily flogged off. They get to keep the $10mill [I think] we had to put in to escrow in case of default.
How much do you think our SP would suffer if an announcement came out saying ExIm had withdrawn support?. What would we be worth? Absolutely Zip.
Would the US Government collapse or ExIm disappear. No way. Would Newsat collapse or disappear? Like greased lightning.
Every shareholding would be worth zero!
No way "...they even more to lose than us..."
They are overseeing this because they don't want us to fail and I for one am extremely pleased they are but it is our job [as management] to do what we are being handsomely paid for not wait until someone else has to intervene to save US [not themselves]!
"...they even more to lose than us..."
Sorry - Get real.
NWT Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
