- continues to progress the Feasibility Study for the Company’s Wonarah DSO Project
- Assessment of the Mine Management Plan ("MMP") for test pit mining and the initial stages ofthe DSO Project continued as did progress on the remaining of the MMP for the extended DSO Project
- Under the commitment, the Northern Territory Government has provided a commitment not todeal with other proponents for an approximate 9 hectare site area, while Avenira conducts siteinvestigations and works towards submitting a Project Proponent Proposal (“PPP”) submission.
- continues to advance discussions with its technology partner AdvancedLithium Electrochemistry Ltd (Aleees) towards a definitive technology licence agreement.
The expenditure incurred on exploration activities during the Quarter is approximately $1.1 million.No expenditure was incurred on mining production or development activities during the Quarter.Payments totaling approximately $164,000 were made to related parties of the Company, asshown in the Appendix 5B. These payments related to current salary and fees paid to directors.Cash PositionAt the end of the June 2023 Quarter, Avenira had a cash balance of $3.3 million.
Lots to get on with, it's either sink or swim H2. On another note, not much pizza lately.
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