Spot on Fab.
A one off big event is not going to save Int.
An EM IPO (if it got off the ground) would be a one off injection of some cash.
A massive contract is not going to happen in the short to medium term. As you point out - nobody who does any sort of Due Diligence would award a large contract to int at this stage. The company saving Tassie contract won't happen or I'll eat my virtual hat.
The only thing that will turn int around is a slow and steady execution of their business plan. Unfortunately this will take time and money.
They are debt free for now but that was never really the problem. The problem is the cash burn.
Until this can be brought under control the only single events that can lengthen the runway IMO are capital raisings.
Spot on Fab.A one off big event is not going to save Int.An EM...
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