EOS 6.83% $1.30 electro optic systems holdings limited

The federal Government is said to be announcing ramp up in areas...

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    lightbulb Created with Sketch. 15
    The federal Government is said to be announcing ramp up in areas of space technologies i think in february, the only 2 players I see in the mix is the mob that have something on the site of mount stomlo obversatory in Canberra, their name escapes me presently they have facilities on the same site and was reading about their projects the other month, if I can recall the details with remind everyone. Also near our Canberra base.

    You should note that the first space facility we completed is on Government land near Exmouth Air Force base and Exmouth is one of the major areas for communication in tracking our coast lines etc. Why let us build on their military land etc if not something in the wings. I believe at least one of the other proposed sites is on Government land as well.

    Also if you look at the Quarterly 4c you will notice the massive outflows that have started on the order, when the payments are due I cant say as the 4c only looks at outflows for next quarter and not if they expect inflows. I would assume there will be progress payments in that period, and like someone said above I think the proposed announcement re another new contract is just around the cnr.

    If no inflows and no announcement we will have to have a CR very soon as insufficient for the quarters expected outflows.
 
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