These are the packages that would be merged, in order:

Calculating dependencies ... done!
Dependency resolution took 0.98 s (backtrack: 0/20).

[ebuild  N     ] dev-lang/ocaml-4.14.2:0/4.14.2::gentoo  USE="ocamlopt -emacs -flambda -latex -xemacs" 5377 KiB
[ebuild  N     ] dev-ml/dune-3.23.1:0/3.23.1::gentoo  USE="-emacs -test" 3624 KiB
[ebuild  N     ] dev-ml/ocaml-compiler-libs-0.12.3-r2:0/0.12.3::gentoo  USE="ocamlopt" 5 KiB

Total: 3 packages (3 new), Size of downloads: 9005 KiB