How long ?, page-79

"tanking of the SP due to delays in execution of said deals". Can you please point me to where the company have indicated a time frame from the Delta deal?

We know that the "delays" are not on SMN's side of things, but rather the approvals process on Deltas end. Why would they start installing sensors for a few applications now when they can wait until til they have them all approved and install them all at once? That would save the airlines a significant amount of cash and downtime.

The only time frame I have seen recently from SMN was the mention of a pending update:
"The company is extremely pleased with the progress to date with Delta and will provide a comprehensive update in the near future."

The language "near future" is deliberately vague. That gives them plenty of leeway to update the market as and when Delta achieve significant progress with their approvals process. Given that update was at the start of November and half of December and January are pretty much a write off, a comprehensive update when our 4c comes out seems likely.

And the CR they "tossed in"? I for one am VERY happy to have AEM under our umbrella, talk about future proofing our company! They may have stated that we didn't need to raise any further funds prior to revenue incoming from Delta, however surely you can recognise that the AEM deal was too good an opportunity to pass up!?