The revenue will not be used on the next batch because the next batch will need to be under construction when SAS are launching this batch (to stick to time lines). So funds would need to be secured for that already. Unless SAS is going to launch 20 .....wait for revenue.....then try get a loan. I fear that would push back time lines.
I question how long theses funds are going to last, especially with SAS's current recruitment drive. Something is not being explained to us.
- Forums
- ASX - By Stock
- SAS
- Ann: Capital Raising
Ann: Capital Raising, page-51
-
-
- There are more pages in this discussion • 82 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SAS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online