@playwithfire I think you might be right about the loan to Cosmo Gold. A couple of prominent characteristics about the loan to Cosmo are that the unpaid amount has grown & the repayment date has a habit of getting kicked down the road for another (6) months...
30/06/21 : $ 788,608 (was due to be repaid by 17/12/21)
31/12/21 : $1,000,000 (was due to be repaid by 30/06/22)
30/06/22 : $1,250,000 (was due to be repaid by 31/12/22)
It'll be interesting to find out what the amount owing was at 31/12/22 when the half yearly report is released. There were a few comments in the recent entitlements prospectus about a potential loan repayment to equity conversion. Any guesses what Cosmo Gold shares are currently worth?
On a separate note, I was recently looking for some historic info about the previous owners of the Adelong mine (Macquarie Gold Limited) & managed to find their August 2016 Prospectus (which has a fair bit of detail about the existing plant equipment on site / MGL mine plan / exploration strategy etc & is also interesting to ponder with the benefit of hindsight). If you'd like to have a read, just copy-n-paste the below link to your web browser which will navigate to the appropriate page on the Web Archive website (Wayback Machine) & then click on the download link located under the letters URL which are in bold type...
https://web.archive.org/web/*/http://www.macquariegold.com.au:80/wp-content/uploads/2016/08/MGL-Prospectus-August-2016.pdf*
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