I think comments like 'this company will never be any good' etc should be left out of discussions from now on unless people have current info to prove it
I also agree 1c+ possible if Newsat simply do what they say and give the market the information regarding their commitment below
ie
With options to a number of orbital satellite slots and over two years of developmental research including working with insurers to ensure sufficient underwriting,
NewSat understands satellite and space better than any other Australian owned organisation and will unveil its complete strategy, its partners and its funding plan before June 30th 2010.
Negotiations are continuing with respect to;
-‐ Which orbital slot will be used
-‐ Who will launch the satellite
-‐ Who will build the satellite
-‐ Who will insure the satellite
-‐ Who will be the principal technical consultants
-‐ Who will be the bankers and financial advisors
-‐ Who will be the equity partners
-‐ Who will provide export finance
-‐ Who will oversee legals
-‐ What the final cost will be.
mac you know this company as well as anyone by the look oif it else you've really been wasting your time so if you can keep posting some positives as well as all the negs it would be appreciated by all I'm sure, just the truth and current facts is what I'm seeking :)
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- newsat on abc inside business show
newsat on abc inside business show, page-30
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