Ann: Writ from Estrella Resources Ltd, page-103

You’re whistling past the graveyard if you think this is a “non-event.”

Let’s break this down:

• There’s an active legal dispute between Estrella and WIN over mineral rights. Auric inserted itself into that mess the moment it purchased contested assets — and the Lithium rights being “rescinded” is your first red flag.

• Why was the Lithium Rights deal suddenly reversed?
  A lawyer looking at this will ask one question: Was it an admission of exposure? You don’t rescind a deal and refund the money unless someone waved around a legal threat. This reeks of risk mitigation, not strategic clarity.

• And the wording is telling:
  “There is no dispute involving Auric and Estrella…”
  Of course not — now. That’s because you pulled out. If there was no exposure, why refund the money? Why walk away from potential lithium upside in a lithium-crazed market?

A competent barrister will walk the court through:

• The timing of the rescission (immediately after ESR’s assertion),

• The lack of clarity around ownership chains pre-sale,

• And the implications of interference with overlapping tenement rights.

You think this won’t hang over operations? If ESR succeeds, it sets a legal precedent — and that opens Auric up to potential injunctions, claims, or worse: an operational freeze.

Don’t forget: Estrella is not just making noise — they’re lawyered up and heading to court. Until that is resolved, the shadow of litigation looms over Munda. It limits future capital raises, stalls investor confidence, and injects legal risk into every new drill.

So yes, you can keep pretending this is just about gold. But you’d be doing so while standing on a fault line. And when that verdict hits, you better hope it’s not retroactive.

Disregard at your own peril.