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Ann: SOL Telecom Contract - Brazil, page-88

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robpinoz

3,366 Posts.

5

28/02/17

14:12

Post #: 22973774
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Originally posted by taincrow ↑

The next significant announcement will be the financial reporting for the company due out soon.
It will show what the cash burn has been, is likely to be and how much petrol is left in the tank.

Getting the deal started in South America is good but the next step in de-risking the investment is the financial position and funding moving forward in the very short term.

Hopefully this agreement includes an upfront deposit or payment to preserve liquidity.

We still need to climb to 1.3c to repay the trust of the most recent capital raising participants so as to prove in any near future cap raise its worth the punt.

People who bought in at 0.5c are already happy campers.

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I'd be surprised if they signed deals with us if they suspected we might fall through in a month or two

TV2 Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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