@Pointman01 there was only $955k cash at the end of the Sep'21 quarter, so there'll probably be a CR soon if management haven't yet secured adequate funding via a JVA / project loan.
The plant upgrade won't start before project funding is secured. After funding is in place, site work can start & will likely take at least (6) months to upgrade the plant. The July 2020 presentation (pg.11) suggests site operations might proceed during H2 2022 : that's only 8+ months away if you believe everything will fall into place in a timely way without any delays.
Extract from ASX Announcement (19/10/20):
Extract from Annual Report dated (30/09/21):
Considering the history & challenges faced by previous mine owners (Adelong Consolidated Gold Mines, Golden Cross Resources, Tasman Goldfields, Macquarie Gold), there's a high probability that things will take longer than expected before DDD is in a position to start producing gold.
3D Resources Near Term Australian Gold Producer, page-20
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