The additional benefits of the deal is that 1AE has options over a further 20% of Macro and has a 15% undiluted project interest through to the end of a bankable feasibility study on the lithium. If you you consider the amount of capital required ~ ($30 - $50 Mil) to drill out the lithium resource and complete a BFS then existing shareholders would probably be diluted to 15% anyway. This deal prevents the shareholders interests in the uranium project from being diluted by capital raises for the lithium. Good deal in my view.
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- Ann: Aurora to Sell 85% of the Lithium Rights Over Aurora Project
1AE
aurora energy metals limited
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5.0¢

Ann: Aurora to Sell 85% of the Lithium Rights Over Aurora Project, page-4
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Last
5.0¢ |
Change
0.004(8.70%) |
Mkt cap ! $8.953M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $5K | 100K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18740 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 117390 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18740 | 0.049 |
1 | 100000 | 0.048 |
1 | 17848 | 0.046 |
3 | 85388 | 0.045 |
1 | 35517 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 117390 | 1 |
0.064 | 28824 | 1 |
0.065 | 100000 | 1 |
0.066 | 49634 | 1 |
0.068 | 40000 | 1 |
Last trade - 11.44am 31/07/2025 (20 minute delay) ? |
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1AE (ASX) Chart |