Ann: Mt Ida Gold Resource Update & Proposed Demerger, page-4

'Delta aims to expedite the pathway to gold production at Mt Ida and realise maximum value for Delta’s Lithium
business. The Company aims to achieve this via the following steps:
• Demerger of the Gold asset into a vehicle – Ballard Mining, which will seek admission to the ASX
• Ballard Mining to complete an extensive infill drilling program to increase confidence in the existing
resource while converting additional resources to Indicated (to at least 250mbs at Baldock)
• Commence process of converting Exploration Leases to Mining Leases for regional MRE’s
• Finalise Metallurgical and Geotechnical studies to a DFS level
• Release of a Maiden Ore Reserve Statement and Feasibility Study H1 CY2026
• Systematically test the identified regional prospects with the intention to grow the Mt Ida Resource
base further'

-Looking over this, so Delta will not be mining gold, will seek admission to the ASX under a new entity and have a percentage in that entity?
How does this increase real SH value under Delta?
We have the funds to mine the gold ourselves now.
Like I said in the past, JC a puppet.
Bewildered as to why gold is not our focus on a ready to go tenement.

I am definitely voting no on a demerger of our gold!