Ann: Grant of Performance Rights , page-11

We should hear something regarding the divestment of Meeka Gold Project within 2 weeks as the parties shortlisted to conduct further due diligence are expected to submit their final offers late this month.

It will be interesting to see what sort of offers 3.55m oz of gold and infrastructure with a replacement value of over $100m will attract in the current investment climate.

It is promoted by Ferrier Hodgson as a cash positive going concern, so how did it chew up all our cash?

The next creditors meeting is convened for December so hopefully we will find out if there is anything left for RDR shareholders by then.