SKG skynetglobal limited

this is a worry!, page-18

  1. 8,265 Posts.
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    re: its even worse then first assumed. Brad...

    The Monies available to SKG (the $5m) is NOT available in anyway shape or form until the $850k loan is repaid in full.....and that is NOT until August 2006.

    (you stated this earlier)

    I doubt $850k will go far when SKG are burning over $1m per quarter as they did last quarter.....and what then?

    As to the money availble to the AIM listed SKG.

    It is also only available in small tranches and is subject to some very every strict conditions.

    One i would imagine would be SKG on the ASX remaining solvent..

    Which goes back to my majorpoint.

    The Russian deal is key to SKG and SKG have hung their future on it.

    What if it does not appear Brad?

 
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