SAS 0.00% 1.6¢ sky and space company ltd

So I wonder what the reason is for the funding being pulled, if...

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    So I wonder what the reason is for the funding being pulled, if the rumours are to be believed???

    could it be because the investors did their due diligence and realised that their funding won't be enough to launch the first batch?
    10m USD for launch, 8mil for construction plus operation costs. Maths didn't check out to management claims. 
 
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