SMN 3.95% 39.5¢ structural monitoring systems plc

In the cash-burn predictions thus far neither I nor anybody else...

  1. 351 Posts.
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    In the cash-burn predictions thus far neither I nor anybody else factored in revenues which will come from the installation of the three 757 kits and contributions from the wifi dome collaboration with Delta Engineering or sponsored evaluation of any new applications sought by Delta Airlines / Boeing / third parties. We're just assuming status quo. Being the optimist, I think revenue will increase enough to stave off a CR this Calendar Year all together, especially if the completed CVM kit inventory which AEM has been busilly adding to start hitting the market.  If my expectations aren't met by end of CY, i'd be reconsidering my position. It's just prudent to watch the cash situation, the progress towards the stated goals and whether timelines are being met (the latter being the biggest disappointment thus far, along with 'ordinary' SP performance)
 
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