Share price 28.1.22 $ 0.053 v's
Share price 31.1.23 $0.015 ,
change - $0.038 or - 72%
but never fear , expenses whilst lower and are still eating into shareholder capital, mgmt. will provide an update shareholders in due course
Due course" If you say that something will happen or take place in due course, you mean that you cannot make it happen any quicker and it will happen when the time is right for it."
well lets hope that the time is right sooner rather than later for shareholders. Based on the definition above - mgmt. do have the ability to make things happen - the question is their capability to do so ?.
Quarterly extract
Commenting on the December quarter, Auris Managing Director, Mike Hendriks said: “Auris remains well positioned to progress our exploration plans in the Bryah Basin and to actively pursue new project opportunities that align with our vision for the business. During the quarter we resumed a majority interest of the Morck Well Project following Sandfire’s withdrawal from the JV and we thank them for their work. Our technical team remains highly encouraged by the exploration upside at Morck Well, highlighted by the several highly anomalous gold and base metal targets identified to date. A review of the data suite provided by SFR is currently underway and an update on our exploration strategy across our portfolio will be provided in due course.”
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