Ann: Investor Presentation - November 2020, page-65

Spot on in your suspicion that M&A may be coming.
This merger looks like a good strategic one to DCN (credit to LJ) based on the following:

1) NTM gold prospects are close to the surface i.e. low cost production
2) Within 100km of DCN processing plant therefore strategic to feed the plant.
3) Will now extends the LOW-COST LOM beyond the projected 3 years.
4) The Mertondale Shear Zone looks like a rich gold bearing zone: lots of upside.
5) Given that gold bull run is still in its early stage, this merger will lock in a mine from other potential suitor.