Ann: Consolidation/Split - DDD, page-35

Shortly after the share consolidation is finalized late next month, Sep'22 quarterly report & Annual report are due to be released. The Market will no doubt make further adjustments to the Market Cap as deemed appropriate.

Following the Sep quarterly & Annual report, another CR will likely be announced (with or without an updated Scoping Study). It'll be interesting to see what changes are made to the indicative Road Map timeline in an updated investor presentation. It won't be any surprise if the 2024 gold production target gets moved further into the future (due to falling POG, inability to secure project funding, inflation & rising interest rates, ongoing disruption to equipment / materials / skilled labour).

In the absence of mega bucks investment from insto's (or a spectacular new gold discovery), the future of DDD looks very much like it'll be similar to the multitude of mining companies that appeared & evaporated at Adelong over past decades due to underwhelming progress / lacklustre results.