No it is not ONLY based on pure assumption (Sure it is based on some because it is impossible to know exact figures) but more on basic mathematics.
Recent CR, from memory, correct me if I am wrong raised around 14.1 million with fee deducted. I can't remember how much cash they had before the CR.
Assuming operational cash burn 2mill/Qtr. Then in 2018 they would need at least 8million/Year for operational costs only.
Meir himself said 750k per pearl to build and launch. So 20 of them would require 15 million.
All in all SAS would need at least 23 million to completely launch and operate the 20 pearls assuming that all of them are launched on schedule.
Simple. If they have less fund in hand than that 23 mill then they would not be able to launch all of the 20 pearls.
The interesting part is that the 14.1 mill raised is not even enough to cover the costs of the 20 pearls. That 750k figure is pretty solid because it comes from Meir himself.
Now that is just the satellites. What about the development and testing of the software, establishments of ground networks, etc. I am assuming that people expect the 20 pearls to produce revenue? Then SAS would need those things and those would be extra capital costs. Even more CR?
You keep saying that I don't understand this and that as well as other personal attacks but that amount to nothing more than trolling. I would like to ask you to please stop. Attack the points I make but don't just make blatant denigrating attack.
