Ann: $3.71m Placement to Advance Niobium and Gold Exploration, page-15

I do give credit to Dean for responding to each question raised on DRE's investor hub. Always is as transparent as he can be. Investors might find this Q&A below of interest. For me particularly, I've been interested in his talk of late about potential deals.Not so much acquiring more tenements that result in giving away cash or more dilution, but bringing cash in the door. Perhaps answers the question raised about how much $ DRE was spending on attending Diggers.

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Hi Dean

Hope you have a successful Diggers week and well done on getting the raise away. Still a tough market for explorers to raise cash.I just wanted to clarify your comments in the placement release today. You say "We are also advancing a number of commercialisation discussions at Central Yilgarn, Bresnahan and the Money Intrusion." While, of course, you can't go into specific detail, are you able to clarify if one or more of these commercialisation discussions could potentially be an asset sale or JV that would bring dollars in to DRE?

Hi Michael,

It was a tough raise, but we did come away with more than we sought which was encouraging. We had strong support for the gold and niobium strategy.Diggers is off to a strong start. Crowe and Frank are currently manning the rig at Mangaroon to give some of the younger members their first experience of Diggers. No booth or presentations this year, just a couple of badges that we are passing around, tablets with our pitch decks and the red hats which are always popular. We drove up yesterday and we are heading back Wednesday so that the team is back up at Mangaroon on Thursday. Not much of a break! But a great event and certainly some deals to be done.Regarding the deals, our primary focus has been to secure non dilutionary cash, a good partner and streamline our portfolio. Our more advanced discussions cover all three.