Thanks for that. I found it useful. I have three events I’m tracking at this stage before making my next investment decision.
1. A Customer willing to pay real cash to SAS. Tick.
2. Funding. Preferred for me is a benefactor on some sort of revenue sharing. A capital raise on the ASX would be a disappointment for me as I believe the appeal of SAS’s potential could get a more better agreement. Waiting to find out.
3. Regulatory approval. Waiting for barriers to appear. Currently all is ok. Regulatory approvals are more milestones of disaster than achievement. Your post reassured me.
Technical feasibility used to be an issue I was tracking but I got over that in Nov when the regulator certification of the 3D came thorough. I’m confident these guys can build a reasonable comms service for the third world. Now let’s see if they can sell it and get someone to come along with money to pay for it.
SAS Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held