Hi @ad0, I suspect any future decision to sell Cosmo and / or Adelong will be influenced by ADG's ability (or inability) to keep raising survival cash.
- Not enough cash available for ADG to drill in Dec'23, so they've extended their existing 7+ month drilling hiatus for some distance into 2024.
- Not enough cash available for ADG to transfer into the Cosmo coffers, so the Cosmo directors have decided to take a break from paying themselves.
Perhaps another share consolidation sometime during the next year or two (if they fail to make any spectacular discoveries)...
Cheers
GW
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