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1.6¢ sky and space company ltd

Let's hope we are getting a good price.Typically priced between...

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Hasty78

261 Posts.

49

19/02/19

15:34

Post #: 37486655
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Originally posted by OzJ: ↑

So, we’ve learned that it’s possibly $15m at less than 4.1 with very generous options. Sigh. Better than a poke in the eye but not much better.

We’ll stay in business but are still $35m short of cash positive operations. We keep going. This is a better result, if you’re correct, than only enough money to keep the lights on but not much better. SAS will be back in Sept/Oct looking for more money to get further batches up, assuming the first batch takes care of operations.

$10m a year in running costs.
$15m to put a batch up.

Assuming we’ve paid the bulk of the first batch, then $15m will keep the lights on and pay the rest owed wherever. I hope it’s more and I hope find find that SAS didn’t need to bend over so hard with the options to get it.

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Let's hope we are getting a good price.

Typically priced between $3 million and $10 million per launch, small rockets provide a direct method of sending inexpensive payloads into orbit.

https://www.cnbc.com/2019/02/14/richard-branson-virgin-orbit-could-replace-air-force-satellites-in-24-hours.html

SAS Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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