Hi Hunter,
Yes, we know SAS is required to secure funds (as Meir indicates). The issue is timing of funds (or lack thereof) that is now affecting the Gomspace production line and leading to the termination of staff.
Danske Bank report on Gomspace (3rd Oct 2018) sighted the issue, raised the risk, and reduced revenue predictions. As a result, Gomspace is now requiring additional capital and have proposed a new issues of shares.
For anyone interested, here is the Danske report for convenience:
https://research.danskebank.com/link/GomSpace031018/$file/GomSpace_031018.pdf
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Hi Hunter, Yes, we know SAS is required to secure funds (as Meir...
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