some would also like to know where the money will come from to...

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26/02/19

09:43

Post #: 37566903
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Originally posted by Kiwibren ↑

Here it is

Some of it. The part I needed to hear anyway

The project requires a very large investment: to produce and launch 200 satellites costs about $ 150 million, but we will not raise the entire amount because at some point we will generate revenue. "We will have to raise $ 50-100 million, which is a plan we presented to investors from the first day on disallowed," says Moalem. "Pricing is a balance between demand and supply, and it was right for us to add more established investors."

"All are talking about connection and digital inclusion, but today 3 billion people are completely disconnected and can be connected to communications services at a reasonable cost," he said. Very high, and space is part of the way to serve such large areas, our technology is groundbreaking and we can offer service at almost the cost of mobile networks. "

As I said in the past. . This is mares excuse to sh imo

“We said from day one we need 200mil. “. Don’t blame us Australia...we told you
All options on the table..... yeah sure mate... only one option

“It was time to add more established investors “.
Haha. They screwed you and us. They were so established you tried to get their money at 4.1c but you had to except 3c with 5c options.
Such desperation

2nd.... “at some point we will be generating revenue”.....so you have no idea and gone back on your word again just like everything else (sure we were told the 3rd batch will generate revenue) ( now some are saying the first batch will)

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some would also like to know where the money will come from to build and launch the first lot, never mind the third lot

SAS Price at posting: 2.9¢ Sentiment: None Disclosure: Held
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some would also like to know where the money will come from to...

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