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This topic contains 0 replies, has 1 voice, and was last updated by  kyotokid 13 years, 3 months ago.

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  • #3525



    Further to the announcement of 2 August 2004, the Board of Argonaut announces
    that it has experienced further delays in signing certain major new development
    contracts, which have resulted in the Company not obtaining the cash receipts
    that it had been anticipating. In the absence of these development agreements
    being immediately secured, the Group’s existing cash resources will provide
    funding for only an extremely limited period and Argonaut may not be able to
    continue to trade.[/quote:997bfa6636]

    Not good news for those involved :(

    ‘We’ve’ heard a rumour that they’ve gone into administration and the doors are closing this afternoon. Apparently they’ll have to lose half their staff if they keep going.

    *Ivan grumbles about not being @ awakenings04*

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