According to this report, by the end of 2018 SAS owed Gomspace....
- SEK33M = AUD 5.06M
SAS paid Gomspace AUD 3.2M via proceeds of the latest CR.
So if I'm not mistaken, the balance owing is 1.86M.
If u refer to the prospectus, 5.4M is going to suppliers including Gomspace.
So i think that the latest CR should see SAS up to date with their payments to Gomspace, at least up till the end of 2018.
I wouldn't be surprised if the next company announcement (either from SAS or GOM) would highlight that the project has resumed and perhaps a handful of sats have been completed and are being tested.
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