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RedwitchII

2,589 Posts.

226

01/01/20

08:33

Post #: 42183298
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Originally posted by Hunterr: ↑

Love to be wrong again but everything leads me to be right this time.
I have opens up my eyes and not believing management as they can not be trusted and once again they tried to fool us all but only a few swallowed the bait.
quick example
They are saying build launch and operational cost is $15 8 mill surely your not that silly to believe that specially when it’s public knowledge that it cost.
$500,000 a month operation cost

€5.2 million is $8.5 AU mill to build first batch

$2.2 mill US = $3 mill AU for launch if they can find a piggyback

$1 mill to pay for CR
$1 mill for insurance minimum
$1 mill to pay telfox back or their about’s
$3 mill for travel and other cost minimum

now lets add some up
Operational cost for 1 year
$6 mill
$1 mill CR
$1 mill insurance
$1 mill telyfox
$3 mill travel and expenses minimum
$3 mill launch
$8.5 build
Total minimum they need is wait for it
$23.5 mill they are short as I said to really make this happen is around $10 mill you got sucked in again
This is why I never put in it’s clear as day even if they get $15.8 mill it will still be short and would have to come up with another $10 mill now are they hoping for a grant maybe but can’t rely on that.
Even so you have NO CHANCE smart sophisticated investors will put in NOT A HOPE IN HELL the 13 mill soft books will not happen.

Maybe they considered it if the take up was reasonable but not a hope in hell now.

Love to be wrong big time on this but I’m very confident that I am correct.
Caretaking mode SAS will go in and Meir will suck all money that was put into the CR
Wait and see

Expand

5G, Moore's law.
Better to wait for SAS, no quick fix, or fast cash.
If their smart?

No turbo taxi to Gom nanosats for exponential increases of activity, software & tech already have to be compress-- able micro massively. Ready to handle evolution. +01's.
Dr.D.

SAS Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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