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Old 9th Mar 2023, 07:54
  #733 (permalink)  
Bell_ringer
 
Join Date: Jun 2016
Location: Brantisvogan
Posts: 1,033
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Originally Posted by hargreaves99
"company is "very strong financially"...
"an order book worth £308 million"...
"whatever happens we are never going to run out of money"...
"there is no danger that this helicopter won't be delivered"..
"as with all development programmes, the risk that you take, and the risk that's very clear in the contract is that it takes a little bit longer than we say it's going to take"
Presumably he can only get his hands on the cash when they actually start shipping a product, until then they have to exist on the deposit revenue which is finite with new orders levelling off at some point. In any case we are already a quarter in to 2023, so he better get his skates on if he intends anything to fly this year, an ambitious task since they are still polishing the ballbearings..

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