Is there lithium at Munda? That’s actually a question for your company to answer, not ESR.ESR doesn’t need to prove a resource exists — they’re not the ones mining it. The legal obligation falls squarely on Auric. If lithium is encountered and ore is disturbed during gold mining operations, then under the court order, Auric is responsible for processing it and paying the royalty. That's the whole point of this dispute.The idea that ESR would have “fought harder” if it was valuable misunderstands the legal position. ESR already *secured* the rights years ago. Now it’s just about enforcing those rights when another company thinks it can dig through them for free.This isn’t about whether ESR sets up a lithium plant or proves an economic deposit. It’s about whether Auric mines through known lithium-bearing zones and tries to dump or ignore what they extract. They can’t — not without breaching royalty obligations.If you think a court will let them mine through a lithium zone, disturb ore, and toss it aside without consequence — that’s delusional.Auric will settle this. Quietly. Out of court. Because the legal exposure, even in the “best case scenario” — is not worth the headache or the headlines.
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AWJ
auric mining limited
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Ann: Writ from Estrella Resources Ltd, page-24
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.68M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.5¢ | $162 | 979 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 94958 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.170 |
4 | 242337 | 0.165 |
10 | 391853 | 0.160 |
2 | 16732 | 0.155 |
5 | 138636 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 94958 | 1 |
0.185 | 19590 | 2 |
0.190 | 261791 | 4 |
0.195 | 173156 | 3 |
0.200 | 302500 | 5 |
Last trade - 12.34pm 27/06/2025 (20 minute delay) ? |
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