EOS electro optic systems holdings limited

Ann: Initial Director's Interest Notice - Mr Robert Kaye, page-34

  1. 910 Posts.
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    @Paddle1 I know it's difficult. I call it as I see it, based on all of the information that I have regarding EOS. Ask yourself this, if every single poster to the EOS thread was like everyone else and posted nothing but glowing comments, would the situation that you find yourself in be any different to what it is now? And whilst I have your attention, how are EOS progressing with the "Letter of Support" in relation to the $80m funding from the EFA for Spacelink based on the following criteria;

    EFA’s funding is contingent on EOS and SpaceLink meeting EFA’s requirements in respect of:

    • An independent technical review of SpaceLink’s feasibility, including satellite
    technology, launch arrangements, pre-launch customer procurement strategy as well
    as a review of SpaceLink’s pre and post-launch insurances;

    • A comprehensive funding plan for SpaceLink including an agreed minimum amount of
    equity and an acceptable level of contingency funds;

    • Meeting EFA’s eligibility criteria, credit and risk requirements, including, but not limited
    to, “know your customer” and anti-bribery requirements and checks;

    • Satisfactory ongoing financial and trading performance for EOS; and

    • SpaceLink complying with EFA’s environmental and social risk policies, including
    SpaceLink receiving the required regulatory and environmental approvals for its onground infrastructure.


    How's all of that progressing? @1Paddle
    Last edited by Iloveicecreams: 23/09/22
 
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