Hi @ad0, all the best for the new year.
I tend to agree about the possibility of rock photos sometime during the next phase (perhaps later in the year).
Going forward they'll need to raise larger amounts of cash to keep all (3) projects alive (Brazil / Adelong / Cosmo). I had a look at ADG's minimum expenditure obligations (listed on the WA Tenement Cache website) for the Cosmo tenements in 2024 & they'll need to throw $501,000 onto the pyre to keep their Cosmo dreams alive. Details are below...E38/2274
License Expiry : 09/06/25
2024 Minimum Expenditure : $126,000
E38/2627
License Expiry : 10/05/24
2024 Minimum Expenditure : $70,000
E38/2774
License Expiry : 28/07/25
2024 Minimum Expenditure : $70,000
E38/2851
License Expiry : 11/03/24
2024 Minimum Expenditure : $111,000
E38/3249
License Expiry : 17/07/28
2024 Minimum Expenditure : $50,000
E38/3456
License Expiry : 28/04/26
2024 Minimum Expenditure : $35,000
E38/3525
License Expiry : 30/06/26
2024 Minimum Expenditure : $39,000
Is Cosmo Gold trading while insolvent, page-22
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