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SAS

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1.6¢ sky and space company ltd

Is 7C coming back?, page-57

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vigilante3

3,398 Posts.

458

03/06/18

15:48

Post #: 33460144
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Originally posted by Mitchum ↑

I do not need to learn, I need to see some action that puts the shareholders concerns at ease, so far great, the management have proved a point that their software and comms protocols function as expected, that they can keep three satellites in alignment to communicate successfully between themselves and ground stations.
I just do not see the market as being civilian, I see the market as being the Israeli military, it’s a nice leg up on having constant encrypted comms over the Middle East. The part now is who is going to fund the rest of this operation to get another 200 satellites up? My hunch is that this is a covert operation for the Israeli military using Australia as a camouflage, the story about services to poor goat herders requires some feasible to me but really as a commercial venture sounds very naive to me. If Israel wanted to go this alone there could be a backlash over satellite manufacture and launch over the Palestinian debarcle, remember US governors banning the importation of Israeli products a few years ago. Believe me I’m no supporter of the Palestinians as they continue to pull the Lions tail and expect not to be bitten. The company is right now at a most critical point in regards to a falling share price as it shows lack of confidence. They need to raise 20 million right now and built and launch 20 satellites while reducing the overhead spend. Maybe they really think this will pull in tons of cash when it’s up and running, I have not done a feasability study so I really do not know, but my military option is the most likely and if so a possible scenario would be to tank the company at a later date , put into receivership and sell the asetts for a cheap price. As I have previously stated, I do not know the true intentions behind this but my own opinion be it right or wrong would make for a good plot for a James Bond movie.

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"I do not know the true intentions behind this but my own opinion be it right or wrong would make for a good plot for a James Bond movie."

Yep I think you've summed up your dribbling pretty well.

SAS Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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