RE:Cosmo Group??
You misunderstand, Chandanga has 1.17 billion tonnes of coal, Tugalatai has 2.3 billion tonnes (if the non 43-101 historical work is accurate). These 2 properties will be combined and each company gets half of that. In addition PCY gives 1/3 of PPG (the power plants) to Cosmo in hopes then can fast track the PPA and funding. Something tells me there will be more dilution in order to stay afloat and fund the power plants because in the "about Cosmo" section it says they have significant financial resources but there was no money paid to PCY in this deal that I can see.