SAS (ASX) Payment soon... But when?

Originally posted by Juanfrau ↑

Originally posted by Lebba
Or it could be that funding has a condition that insurance be finalised, and we expect insurance to be finalised in Feb.
My prediction is that Feb is going to be a big month.
GLTAH.
Hey Lebba Happy New Year and all that Jazz.

Maybe SAS just really values paper clips remember the famous catch cry - "first batch funded - down to the paperclips!"

We must have the best paperclips of all companies listed on the ASX.

I'll continue to hold but truth be told I am disappointed with the lack of transparency and accountability the board holds itself in on it's announcements. That last credit raise was explicitly for the finding the first production of Pearls with Gomspace for first launch. Only saving grace is Virgin keep pushing back their own operational timeline. So in essence we would have been delayed anyways!

Im not coming as Dark Vader to the 50C party but maybe Yoda!

Sentiment changed from buy to hold. Speculative potential investment (I value an investment as something that improves your personal wealth) after all.

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I hope it's a Happy New Year for all of us holders.
However yet to be seen, and I feel your sentiment.
More transparency would make such a huge difference.
Regarding more transparency, I have also been following another stock (FBR).
Price was consistently between 14 and 18 cents for ages, then a potential strategic partner pulled out, then the SP fell pretty quickly to about 7 cents.
Sentiment was at a all time low (parellels to SAS), and holders had doubts about changes to the strategic direction of the company.
FBR then began to post blogs on their website about their progress towards meeting milestones, and further reasoning for their strategic direction.
After 2 blogs over a period of about 2 weeks, the SP jumped very quickly back up to 12 cents.
Suddenly there was buyers interest and life back into the stock.
The blogs were not sensitice information, but just settled quite a few nerves and would have attracted new investors.
SAS directors - take note. Give us more communication on your day to day progress on getting this first batch up! Your holders will thank you for it....