WHAT ABOUT COSMO?, page-3

Hi @ad0, according to the Cosmo Annual Report, work completed during the 2023 year didn't include any drilling (refer below extract). The Cosmo Annual Report also mentions that at the end of Jun'23 there was only $11,083 cash remaining (which isn't enough for drilling) & directors had decided to put their fees on hold to preserve cash (which is a good indicator for zero drilling).

The ADG FY24 half yearly report showed that the loan to Cosmo had grown by $50,000 & is sitting at $1.489M.

$50k flowing from the ADG coffers into the Cosmo coffers (during the 6 months from Jul-Dec'23) doesn't seem enough for drilling activities...but it might be enough to cover some of the deferred Cosmo Directors fees IMO.