SAS 0.00% 1.6¢ sky and space company ltd

GOMSpace Financial Report, page-12

  1. 919 Posts.
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    Interesting discussion.

    Ok so it could be possible that funding is not secured (or maybe it has/will be in due course and will be soon announced to the market).

    But what we do know from this is that these pearls are being constructed as we speak, and the grand plan of Meir and the team is playing out as scripted many months or even years ago, as @Stocklong implied.

    This makes me so much more confident in this company. They have accomplished so much up to this point - and i think they are unlikey to fail given the experiernce this team have in the space industry.

    I also tend to agree with @StockLong - the share price has gone south based on weak hands offloading, not to forget mentioning that 2020 is a long time to lock away your investment capital. Remember that there are no negative news released to support a SP decrease and as far as i am aware they are on track to complete commercial testing in H2 2017.

    However for those willing to be patient, i strongly believe this stock will fly well before 2020. My guess around mid to late 2018 after the first batch of satellites are launched and brought into use.

    Time will tell.
 
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