SAS 0.00% 1.6¢ sky and space company ltd

Ann: Voluntary Suspension Extension, page-151

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  1. 2,026 Posts.
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    tell me hasty, how do you build something before cdr is complete.

    A Critical Design Review (CDR) is a multi-disciplined technical review to ensure that a system can proceed into fabrication, demonstration, and test and can meet stated performance requirements within cost, schedule, and risk.

    cdr completed in October. None of payments the were for construction. That simple and easy even hunter agrees!

    ps ASX announcements are inexpensive / free. Given they like to announce every single MoU, I think announcing the start of construction would be a logical and important thing to do. Maybe not at this point however as it might indicate things are not on track.
 
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