ADG 0.00% 0.7¢ adelong gold limited

WHAT ABOUT COSMO?, page-49

  1. 1,684 Posts.
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    Hi @midastouch0707, in the absence of any enthusiastic announcements during the past couple of years about the future of Cosmo Gold, it's difficult to imagine any exploration drilling happening on the Cosmo tenements, however it appears exploration license fees (e.g. $27.6k) for tenement E38/2851 were recently renewed on 12/03/24.

    I think there's a chance the $111,000 minimum expenditure for tenement E38/2851 might be lodged sometime during the week ending 10/05/24 (based on payments history) with minimum cash spend / no drilling on other Cosmo tenements during CY2024.

    ADG's covert reasons for keeping Cosmo Gold alive on financial life support inexplicably reminds me of the 1978 movie thriller 'Coma' (starring Michael Douglas, Genevieve Bujold, Tom Selleck, Richard Widmark, Ed Harris, Rip Torn, Philip Baker Hall...and other actors).

    https://hotcopper.com.au/data/attachments/6149/6149152-de67433f3e5b005061ef0839b982e0b3.jpg
    Last edited by GravityWaves: 06/05/24
 
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