"I'm banking on this being the last CR for quite a while"
Can you please tell me where they are going to get enough cash to cover the huge overheads until they have a revenue source, or just where you think that revenue source will come from?
BA is the closest they've got and I reckon it would be many moons before revenue ramps up enough to cover corporate overheads. No way they have enough to last without other corporate actions, i.e. sale / CR.
I'd like to understand your optimism in case there really is a silver lining..?
CGP Price at posting:
2.0¢ Sentiment: LT Sell Disclosure: Held