SAS 0.00% 1.6¢ sky and space company ltd

Per GOMspace Q3 Financial Report - Work slowed on SAS...

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    • Per GOMspace Q3 Financial Report - Work slowed on SAS constellation, not suspended.


    In the third quarter, we have sloweddown work performed on the constellation project for Sky and SpaceGlobal due to an overdue invoice as well as the risk of the customer’s lacking financial resources


    • From the AGM (I think), first batch of Pearls is supposed to finance the ongoing daily Operational Expenses.


    • Per Everblu Research Report - Once 50 Pearls are up there, they should fund the balance of the build and launch of the constellation.
 
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