Ann: Annual General Meeting Information, page-20

Looks like DNK is a long way from re-listing, I don't believe a pending application will comply with regulatory requirements for re-instatement, nor will an approved application for that matter.

The US Treasury sanctions on certain Eritrean nationals such as, Hagos Ghebrehiwet, Eritrea's economic advisor, have not been lifted making equity and debt funding highly, highly improbable from any Western, African or Middle Eastern funding group reliant on US banking transfer systems. We were led to understand by DNK the sanctions were the reason DNK had to sell Colluli at a seemingly massive discount to its NPV. Will the sanctions pose a risk too big for the regulators?

Then how will DNK legitimately circumvent the US banking system and transfer funds completely derisked funds into Eritrea, to meet compliance requirements of the three years' worth of expenditure to pay for business activities in-county and avoid breaching these sanctions at the same time? Isn't this an unreasonable risk for DNK's shareholders existing cash backing?

And just Cornelius flies to Asmara on a junket, no COO, no CFO, no Project Director, no DNK Geo rep, no Governance advisor in March 2024....as good as it gets after almost 2 years of looking? Across the globe, there must be at least one asset in a safer jurisdiction available to DNK?

If DNK couldn't sell to the world the asset quality of a "only one of its kind", 200yr LOM fertilizer play with a US$1.2bn NPV project value, in Eritrea on the footsteps of a continent with food security issues with African Development Bank backing from AFC and Afrexim, with offtake in place, what chance does Cornelius honestly believe he has of promoting 'another, picked over, average, gold play in the Arabian-Nubian Shield-aka "Eritrea", when there are plenty of great quality, derisked gold assets, in safer jurisdictions around the world for investors, institutions and banks to choose from.

Why on earth would Cornelius unnecessarily misalign the risk profile of DNK's shareholders fully de-risked cash backing to asset locations like this, in my view this looks like a reckless decision. DNK would be better off putting the cash on term deposit.

Most likely will trade at a significant discount to cash backing if and when they get relisted. Time for leadership change.