NWT 0.00% 11.5¢ newsat limited

Thumbs up to those that have contributed to this thread, you've...

  1. 60 Posts.
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    Thumbs up to those that have contributed to this thread, you've put it much better than I could. Nicely said samwiise.

    Also worth noting (I think) is that we've just signed a $30 million guaranteed contract, with the money due in full by June 30. That's a pretty big commitment...and it makes me pretty confident that full finance will be reached.

    "NewSat Limited (ASX: NWT), Australia’s satellite company, announces today the signing of a three year contract with a South Asian satellite reseller. The commitment is for the purchase of US$30.29 million of Jabiru satellite transmission capacity over Afghanistan. Payment in full has been agreed with the customer and is expected before the end of this month."
 
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