SAS 0.00% 1.6¢ sky and space company ltd

Ann: $12m Placement Secured and $3m Priority Offer Underwritten, page-57

  1. 2,023 Posts.
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    so let's assume this happens.

    10m USD for launch. So the revenues from the first bT h would only be used to repay this debt (which will likely have a high interest rate given the high risk)

    do then how do they fund the 2nd batch launch and construction? When will they have free cash flows to be truly self funded
 
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