Deccan Gold Mines Ltd.

Hanuma P ModaliManaging Director

Thank you very much. Good morning to the shareholders and future prospective investors. Thanks for coming on to this call. And once again, it is a pleasure to meet all of you on the call, which we have been doing pretty regularly nowadays. And as a Company, I would like to say the last quarter that is the June quarter, has done three things to us. As a snapshot, it has established us as clearly as producers. All the time we have been explorers and last so many years we have been exploring in this country, but in the March quarter we have shown some production and June quarter has clearly established us as the producer and then that is mainly from Jonnagiri but then subsequently you have seen we have started producing dore bar from Kyrgyzstan as well.

So I think that is the biggest take away that has happened in the Company either in the last quarter or just now and the second biggest thing that has happened to the Company is we have now clearly defined two verticals. We have always been talking about gold and critical mineral verticals that we have as projects, as a product portfolio. But in this quarter, it has clearly been shown that these two verticals have their own value proposition. In the case of gold, we have become producers. At the same time, in the critical mineral segment, we have started drilling and we have developed the resources. So now it is very, very clear that our strategies have to be in two different verticals in terms of growth, in terms of expansion, etc.