ADG 0.00% 0.4¢ adelong gold limited

Is Cosmo Gold trading while insolvent

  1. 85 Posts.
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    Can anyone tell me whether they think Cosmo Gold is trading while insolvent, given they have a debt of $1.5m hanging over their heads and no foreseeable income on the horizon.

    Also, do they have a current Mining Entry Permit that allows them to drill up at Cosmo Newberry.

    This is a question I want to put on notice at their upcoming December AGM.

    I urge all other shareholders to do the same thing, let's get some transparency going so we can all find out where we are heading, if anywhere.

    I will be notifying ASIC & the ASX about my concerns with Cosmo Gold and Adelong Gold

    What's your comment on it Gravity Waves
 
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Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
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