Ann: Quarterly Activities Report, page-8

They already have 740 million shares fully diluted.

And the board and management only hold 1.5% of shares, which is not a significant shareholding IMHO.

And they have $85 million in the bank.

They don't need to monetise the gold in any form - yet IMHO.
They may potentially indicate toll treating while the gold price is high.
The gold price is not going to decline, especially over the mid to longer term.

They just need to drill a resource of over one million ounces, and then preserve it in-place for the moment, and then define two million ounces, and so on.

They won't need cash for probably two years or more, even though their quarterly says around 7 quarters.
Why not buy or JV another gold mine?

Why not really allow the gold to truly benefit all Delta shareholders, by spinning out the gold project into a separate company, and rewarding shareholders here with a FREE in-specie distribution of shares?

This is an historically tried and proven method of generating shareholder wealth.

This is how Delta shareholders would really benefit.

This is only my humble and ill-informed opinion, but we can all have one of course, so I could be wrong, because they are the ones with the successful experience in this business, and not me, and after all, I'm invested in them and wish them the best of luck, for their benefit, and mine, and all other shareholders.

It will be interesting to see how it all works out in the end.
And at least the projects are in Australia, thank goodness.

Gw