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https://www.brrmedia.co.uk/broadcasts/5d9c5b6ef8cc7162f3b034e4/scirocco-energy-acquisition#
Doug Rycroft with a very smug face interview talking about the deal as if it was done and dusted. Plenty of noise at the time - and now - NOTHING !!!! You can't even get to speak to a BOD member - not replying to e-mails and apparently no available phone number that you can contact any of them on - they have simply gone AWOL !!!! This is AIM - this is simply disgusting !! AIMVHO
Good morning. Did the board not say on the 9th of Jan that they will update shareholders once there was some meaningful progress. Bigdouble has no issues contacting the board and getting a reply?
RE: RNS - Broker appointment09 Jan 2020 11:00
Thanks for the email and I fully appreciate the query.
Rest assured that this update is a mere formality. The Company does not currently have a formal broker following the termination of Shore, and Peel Hunt and Canaccord are only due to assume that formal position upon completion of any deal. As such Strand have stepped into that role to fulfil regulatory requirements while the company remains in suspension.
Please note that the company will make a further statement to market regarding the deal when there are meaningful developments.
Coming on for 3 months without any SIGNIFICANT DEVELOPMENTS on a deal that was seemingly done !! Gloss over it all you want and buy the excuses - but fact - the deal is clearly in jeopardy and suspension now seems very convenient !!
Good morning Safetrader, I was making an observation and not glossing over anything, the board made the situation very clear in the RNS on the 20th December.
"Solo enjoys an ongoing constructive dialogue with ONE Dyas, however there can be no guarantees that new mutually beneficial terms can be agreed, and as a result, the deal may not proceed."
Black and white and straightforward.
All the best.
You are not by any chance Doug Rycroft Babelfish66 ?
Afternoon Safetrader, no I have my own translation business to run thanks. I do like your other Tanzanian company post on ACP on the 15th. Seems there might be some similarities.
"My advice is get out if you do not truly believe the story, but if you do, then hold tight through the bumps for the real prize !!! AIMVHO DYOR GLA"