RE: Confidence1 May 2018 17:32
so WO, I would say the following:
- This is only true if they get 100% capacity, something they have singularly failed to do on their other satellites
- Secondly Revenue is only part of the equation. Cash flow is the key, which means they have to be on top of other costs, including interest.
- Thirdly, for how long will they be the only ones able to offer this service. Seems to be new satellites going up every 5 minutes
- Fourthly, remember that legacy PI holders will only get 7.5% of the spoils they would have got pre D4E.
- Fifthly, will they even get the chance to develop Hylas 4? Still got a bit of fundraising to do to keep the lights on, right?