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Ann: FY15 Results and Business Update Presentation, page-3

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  1. 995 Posts.
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    Polarbear, if you refer to the recent announcement concerning Project Red Lion, you will find this very important milestone somewhat less outlined but equally relevant:

    "The Company is also pleased to confirm that its contracted recurring revenues now exceed the direct monthly network operating costs of the Company’s existing Singapore and Australian networks once all services are provisioned."

    Therefore the company has already filled this revenue gap you have talked about and is now operationally cash flow positive. If they maintain their rapid expansion and add more contracts with recurring revenue, which I'm sure they will, 2016 looks very promising indeed.
 
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