Funding from CR will provide ample funding for 1st batch of 8 x 6Us, page-2

this is some very amateur calculations.

your biggest assumption there is 5.5m Euro paid to gomspace includes prepayment for the 6u's.

let me correct you.

5.5m paid to date up to January was for pearls. The 6Us simply weren't on the table at that time for there to be a prepayment. Furthermore, there are other costs payable to gomspace besides CDR.

So then on the 9th of April, 550k was paid as an advance for the signing of the 6u agreement, it clearly says this in the announcement.

So no, very little has been paid for the 6us to date. Nice try

also, we all know how terrible SAS is at managing and estimating budgets.. remember the last 2 CRs were enough to fund the first batch construction and launch...... right down to the paperclips... we all know how that turned out

you also fail to acknowledge launch costs.. yes blah blah us debt funding in talks.. For most of the year...

you also forgot operating costs of over 8m a year..

sorry but the desperation of holders now is just too obvious, twisting and trying to paint pictures of a false reality to make other naive holders to think all is fine...

So there you have it
another CR that wont be enough for construction and launch

what's new?