Getting financing for Jabiru1 was always going to be a big...

Getting financing for Jabiru1 was always going to be a big problem getting it off the ground. At todays SP it's only 20 billion more shares.

So I guess they're hoping that next weeks new Jabiru 2 partner announcement increases the SP quite substantially.

Jabiru 2 is to provide Ka band coverage for Middle East, North Africa and Ku band for Vietnam, Camobodia and parts of SE Asia. In that case where is the tie in with the status of the soon to be announced partner and the NBN here in Australia?

I know people here don't like it but I cannot see Jabiru 1 ever launching. Sorry, I just cannot see it at the moment.