Realistically though Tobtop even though % increases are good it is still only 1/2 million dollars.
Obviously it is heading in the right direction but we will need to see much larger net profits for NewSat to take off.
The team is working hard to achiever that objective. Finance closure which will enable the locking in of precommitment contracts will see things start moving.
Still a lot of work to be done to get to that point though.
NWT Price at posting:
58.0¢ Sentiment: LT Buy Disclosure: Held