Is Cosmo Gold trading while insolvent, page-5

Thanks @midastouch0707. All the best for 2024.

It'll be interesting to see whether or not things work out for ADG & Cosmo Gold in 2024. I'm not expecting any spectacular share price fireworks from ADG, but I am anticipating they'll likely announce their next CR sometime during the Mar'24 quarter.

ADG's CR history (11/05/20 - 29/11/23) is below...

11/05/20 : $2,161,125 : 3D Resources Completes Placement
20/07/20 : $ 275,645 : 3D Resources Completes Replacement Shortfall
28/08/20 : $1,225,000 : 3D Resources Completes $1.225M Placement to Accelerate Goldfields Project
31/05/21 : $1,300,000 : 3D Resources Raises $1.3M to Expedite Activity at Adelong Goldfields NSW
04/02/22 : $ 900,000 : 3D Resources Raises $900,000 to Progress Drilling & Finalise Scoping Study at Adelong Goldfields
29/06/22 : $ 500,000 : 3D Resources Raises Funds to Finalise First Phase at Adelong Gold Project
22/12/22 : $ 125,083 : Notification of under Subscriptions for Non-Renounceable Rights Issue
23/01/23 : $1,150,000 : Adelong Gold Raises $1.15M via Shortfall Placement & Convertible Note
27/06/23 : $ 500,000 : Adelong Gold Raises $500,000 to Complete 2023 Drilling Program
29/11/23 : $ 500,000 : Adelong Gold Raises $500,000 to Progress Gold and Lithium projects

So, for the period between (11/05/20 - 29/11/23) they've raised $8,636,853 (before costs) & managed to successfully deliver a few modest drill campaigns, a preliminary scoping study, a couple of modest resource updates & a 1:10 share consolidation. Market enthusiasm for ADG is presently non-existent.

Current share price: $0.005...https://youtu.be/aWPOiYs20XU