Considering Covid-19 factor and there won't be any flight and any delivery to the overseas customers until late this year, EOS will not have any source of income which was the case since the beginning of this year.
Plus, It is a high risk to pay $1.5 more per share with the hope of an advanced deposit, isn't it? (It feels more like betting to me)
Plus, even an advance deposit will not be able to cover the total cost of producing 251 Remote weapon stations and related materials.
EOS also mentioned that they are not going to use the reserved products for this matter because they belong to overseas customers.
On top of all that, how much do you think they will make a profit out of this contract? remember not all $100M is profit.
Ann: EOS in contract negotiations with Commonwealth Government, page-182
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