Dome Gold Mines (DME) Q1 2025 TU earnings summary

Executive summary

• Progress continued on the Sigatoka Feasibility Study and Environmental Impact Assessment, with the EIA submitted for review by Fiji's Department of Environment.

• Directors inspected an operating sand plant to inform planning for Sigatoka's processing facilities.

• Emergency de-silting and dredging EOI submitted to Fiji's Ministry of Agriculture and Waterways.

• Exploration licenses for Ono Island and Nadroga projects renewed for three years; no fieldwork conducted during the quarter.

Financial highlights

• $186K spent on exploration and related activities, with $176K allocated to Sigatoka DFS program.

• No expenditure on mining production or development activities during the quarter.

• Payments to related parties totaled $87K, covering directors' fees and superannuation.

• Cash and cash equivalents at quarter end were $303K.

Capital allocation and financing

• $1.12M net cash inflow from financing activities, mainly from equity issuance.

• Loan facilities total $5.6M, with $1.04M drawn and $4.56M undrawn at quarter end.

• Major lenders include Blue Ridge Interactive Ltd, Charvest Pty Ltd, Fleet Market Investments Pty Ltd, and Tadao Tsubata, with unsecured loans maturing 31/12/2025.