Ann: Notification of cessation of securities - RDG, page-8

Hi mate, yes definitely more questions than answers unfortunately. Hang tight though, we should have some clarity once the quarterly comes out, or before then if there are any significant moves afoot.
Between Australian Garnet, Centrals, the manganese mineral resource and the patents/ pilot plants there is a good wack of value.
I'm over $100,000 in the red but remain prepared to see how this plays out. Every pip upwards in SP now is a good thing
Regarding the Peloton Red Mud patents and the HPMSM patents, my thoughts are that neither would require a lot of RDG's capital initially. I know you have quite rightly asked plenty of questions and not got the answers. I don't pretend to have those answers, but my understanding from reading their reports is:
The Peloton process primary aim was to produce 4N HPA from red mud. This is low volume / high margin. It has also though produced
iron oxide pellets which is more high volume / low margin. The sweet spot could be a combination of both. Will it work - who knows, but if it can, and can be progressed to the next step then divestment with royalties, JV, offtake agreement etc. all come into play. The big Red Mud tailings are all owned by majors, so they have the capacity to fund if the technology becomes irrefutably proven through our pilot plant. For sh*t and giggles, check out this link from an article in 2014. It's pie in the sky stuff but really does highlight the massive profits if some party does get it right.
https://www.ntnews.com.au/news/northern-territory/124-billion-left-in-rio-tintos-gove-residue-ponds-expert/news-story/fd12a2727359d644f8a5ce81a502c680
The high purity Manganese is a different fish. Pretty much fully proven at pilot plant level, so next step is a bigger test plant. In this instance we own the ore. It ticks a lot of boxes - critical mineral for Govt funding purposes, ability to commence mining DSO ore first to bring in early cash flow, a ready contract work force to optimize margins if a JV partner steps in. Again, plenty of funding options that don't involve capital outlay If it can be proven to progress to FID.
Your homework tomorrow is to try to put a $$ value on the various assets/ projects. Hopefully it brings you a level of comfort.
Stay well, and best wishes for a good outcome