Home Forums General Discussion Argonaut in trouble

Viewing 0 reply threads
  • Author
    • #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*

Viewing 0 reply threads
  • The forum ‘General Discussion’ is closed to new topics and replies.