And thank you for your email. Red Emperor and the directors have been particularly active over the past few months assessing, conducting due diligence and negotiating on a number of opportunities, both at asset and corporate levels.
We were particularly close on one particular transaction last month that “fell over” at the 11th hour, although we haven’t given up on that deal completely. At the same time, we are in current talks with at least 2 other parties about other deals, so we are very confident of completing on something in the not too distant future.
We appreciate your patience and look forward to advising you and the market on the next phase of the future of the company very soon.
I have had a reply, they were very close to a deal last month that fell at the last hurdle however they haven't entirely given up on it. They are in talks with 2 other parties and are confident in completing something in the not to distant future.
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