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First AU Ltd. ( (AU:FAU) ) has shared an update.
First AU Limited announced a change in the director’s interest, with Lei Shi acquiring 111,000,000 performance rights through Thunderstone Ventures Limited. These performance rights are tied to specific performance hurdles related to share price and gold resource milestones at the Nimba Gold project, which could significantly impact the company’s future operations and market positioning.
More about First AU Ltd.
First AU Limited operates in the mining industry, focusing on the exploration and development of gold and other mineral resources. The company is engaged in projects that aim to discover and develop valuable mineral deposits, with a particular emphasis on gold exploration.
Average Trading Volume: 12,926,993
Technical Sentiment Signal: Sell
Current Market Cap: A$18.35M
See more insights into FAU stock on TipRanks’ Stock Analysis page.