Point is it goes against another one of AS claims.. 'Remaining cash burn should be covered for the rest of the year'.
Clearly it wasn't and it looks as if Alan called the anticipated signing and upfront payments early again. We were also to have a debt facility in place to prevent further dilution.
So now... How can I place any confidence on the expected 12 contracts signed by the end of the year. This is why we are hanging in isn't it. I mean I'm not saying contracts won't come, but if it is only a trickle over the next year rather than a flood, then I'm not going to make the returns I could in something else.
Someone give me the confidence to believe AS
Sentiment now none.
UNS Price at posting:
59.5¢ Sentiment: None Disclosure: Held