AWJ auric mining limited

Ann: Writ from Estrella Resources Ltd, page-84

  1. 1,243 Posts.
    lightbulb Created with Sketch. 181
    Firstly, how would esr know awj are not already complying with their lithium reporting and royalty paying obligations?

    Maybe just a fishing expedition.

    Secondly, with the price of lithium at the current levels, how many $ are estrella going to get from possibly/probably quite low quantities of potentially lithium containing spoil left from gold mining operations? I suspect it won’t be much.

    What is the royalty rate?

    You’d assume a sensible company wouldn’t have flogged the tenement in the first place if it was a brilliant lithium reserve. A JV with a goldie would have been better.

    Do awj have to process the lit? Is royalty on processed qty or bulk spoil with estimated lit %?

    They are also going after Nmt, which may be for nickel royalties, or the cost of a few old shovels they left in a shed.

    I have Neometals shares but not Auric - just for clarity.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
16.5¢
Change
0.000(0.00%)
Mkt cap ! $30.68M
Open High Low Value Volume
16.5¢ 17.0¢ 16.5¢ $74.85K 442.2K

Buyers (Bids)

No. Vol. Price($)
4 243262 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 94958 1
View Market Depth
Last trade - 16.10pm 26/06/2025 (20 minute delay) ?
AWJ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.