Share
6,849 Posts.
lightbulb Created with Sketch. 1440
clock Created with Sketch.
24/04/18
16:55
Share
Originally posted by rjsimps
↑
Our break even with the US happens instantly upon the first royalty payment, that's the SFI advantage.
While possible (anything in this world is possible), its highly unlikely Eagleview is going bust anytime soon. Their backers have deep pockets. I would say its more likely that Nearmap would go under well before Eagleview.
I suspect that the 2mil they paid for WA coverage is a tiny area in comparison to the whole state. They are talking about ramping up WA to cover the whole state I gather - which would equate to a lot more then $2mil figure they provided for the previous years capture program.
Expand
So the more Royalties Eagleview pay in reaching milestone 2 The more diluted your shares become.
is it 18 million away or 38 million away.