YT YouTube2Text

YouTube2Text → Transcripts → Discussion with Mark English | Auric Mining (ASX:AWJ) | Gold

Discussion with Mark English | Auric Mining (ASX:AWJ) | Gold — Transcript

by SMITHWEEKLY RESEARCH · 4,365 words · 681 segments · language en · Watch on YouTube

Open in transcriber Summarize with AI Download SRT/VTT

Full transcript

0:02Welcome to Smith Weekly Discussions and
0:03occasional program for our members of
0:05Smith Weekly Research. Please note this
0:07program is a private discussion and
0:08everything contained here in is for
0:10entertainment and educational purposes
0:12only.
0:13With that, we hope you're in a
0:14comfortable position along with your
0:16favorite beverage to enjoy the
0:17discussion.
0:18We remind our audience to examine our
0:20show notes attached to each of our shows
0:22to better understand how our program
0:24functions.
0:25Before we get into our discussion today,
0:27we want to say thanks for questions
0:28coming from our audience at Smith Weekly
0:30including Jack T, John D, and Brian H.
0:36On the program today, we've got a
0:37returning guest back to update.
0:40Mr. Mark English is on the podcast.
0:43Mark is the managing director of Auric
0:45Mining, a Western Australia focused gold
0:48producer, project developer, and
0:50explorer with projects in the Kalgoorlie
0:52and Norseman regions of Western
0:54Australia's goldfields including the
0:57operating conventional open pit Munda
0:59gold mine, the Lindsay's mine
1:01development project, and exploration
1:04projects including Spargoville,
1:06Higginsville, Loaded Dog, and Chalice
1:08West.
1:09Auric Mining also holds the Burbanks
1:11processing facility, which is expected
1:13to provide an in-house processing
1:15facility in the coming years.
1:17Auric Mining is listed on the Australian
1:19Securities Exchange under the symbol A W
1:23J.
1:24Mark, thank you for coming back to
1:25update. Welcome.
1:27My pleasure, Andrew. Great to be with
1:29you.
1:30Yeah, Mark, great to have you back, and
1:32you guys have been busy with production.
1:35Guys are taking advantage of a great
1:36gold price here to capture some good
1:39capital and moving this company forward
1:41on a number of fronts including
1:43operations and also on developments and
1:45exploration as well.
1:47Well, why don't we get into company
1:48updates here first, Mark, and we'll come
1:50back to the market here a little bit
1:52later, but you guys have completed the
1:54starter pit shipments from the Munda
1:57gold mine with processing and gold sales
2:01completing during February.
2:03Talk about this progress on Munda so
2:05far, and also what you see as the next
2:07steps on operations at Munda.
2:10Thanks, Andrew. Yes, we completed mining
2:13the starter pit. We decided that we
2:15would do a starter pit to make sure that
2:17we understood the project, understood
2:19the resource better than just drilling.
2:22We did a starter pit. We've moved around
2:24a million tons of dirt. Um we produced
2:27about 125,000 tons of ore.
2:31We've now completed that on the 26th of
2:33January.
2:34We've done one parcel through the
2:36Lakewood mill in November, and you've
2:39seen the cash come through for that in
2:41our quarterly report, in our December
2:43report.
2:44We are still tracking um campaign two.
2:47We started processing at that mill again
2:49on the 26th of January.
2:51The timeline's about 3 weeks to process
2:54it. Um and it is our expectation to
2:57produce around 3,000 oz of gold out of
3:00campaign two.
3:02With that, as you guys complete campaign
3:05two, and that wraps up, uh looks like
3:07we'll have cash flow coming in sometime
3:10late February, possibly in early March
3:12to finish up there. What do you see as
3:14next steps there as far as where you
3:16guys want to go next as far as
3:18operations at Munda, and just give us a
3:20little bit of an outlook uh for the rest
3:22of the year at Munda.
3:24Yeah, Andrew, you're right. We will
3:26produce cash in last week of February,
3:29and then again there will be further
3:30cash payments in March this year. We'll
3:33do our first gold pour most probably
3:35tomorrow or Wednesday. Then it gets
3:38shipped to the refinery, um and then it
3:40takes about 10 days or so to sell the
3:42gold.
3:43So, once we've finished that work, and
3:46we've got all the data and information
3:48back from the mill,
3:50say by mid-March, we'll then reconcile
3:53what we expected to produce from our
3:56internal records and the actual results
3:58that we got back from the mill.
3:59We'll then look at the resource model.
4:01We will redo the resource model. Of
4:03course, the last resource model we did
4:05at Munda was way back in 2023.
4:09So, we need to update that with both the
4:12data and information that we get as well
4:14as the rapidly changing gold price.
4:17It is our desire then to start planning
4:20Munda to get into full-scale mining in
4:232027.
4:25We will have to redo our mine plans, our
4:28mine proposal, and our mine closure
4:30plans with the government department,
4:31with Australian government department.
4:34They say that they need 6 months to
4:36approve those plans in this current
4:38market. So, if we lodge that, say around
4:40near the 1st of April, mid-April
4:42sometime, we should get our permits by
4:45late October, early November. And it's
4:48our aim, with all things being equal, to
4:51start mining Munda in the full pit in Q1
4:542027.
4:56Thank you for walking us through that.
4:58So, we have some things to look forward
4:59to here on that front. And then with
5:02that, just remind the audience, there's
5:04probably some new folks that are
5:05listening in for the first time.
5:07As you guys look to scale up to full
5:09operation, this will be ongoing for a
5:12number of years.
5:14What is your thought as far as once you
5:15guys get up and running, kinks are done
5:18and out, and steady state, you know,
5:20what would be a rough expectation where
5:23you guys would be landing on, say,
5:25annual gold production from Munda?
5:28Excellent question, Andrew.
5:30With the rapidly changing gold price,
5:32you know, that target can move a lot. Of
5:35course, with a higher gold price, you're
5:37going to build a bigger pit.
5:38You're going to increase your resource
5:40because of again the economics.
5:43But it's our desire to get to be a 25 to
5:4630,000 oz producer per annum fairly
5:50quickly. We think that's achievable at
5:52Munda. Munda's quite a large resource.
5:54It's got about 3.6 million tons in it at
5:57a
5:58grade of about 1.23
6:00for a resource around 145,000 oz of
6:03gold. Of course, once you mine it, you
6:06don't take all the ounces out of it. But
6:08Andrew, given the gold price and what
6:10has happened since we last did that
6:12work, we will conduct further
6:15development and exploration expansion
6:18drilling at Munda.
6:19Um and we believe that there is a high
6:22probability that we can increase the
6:24size of that resource.
6:26Yeah, I think that's important to point
6:27out with this current price, you guys
6:30look to add in a few ounces that may
6:33have been cut off with the mine plan.
6:35And then of course, uh maybe there's
6:37some areas you guys may also, as you
6:39cash flow up a bit here,
6:41check a few other areas within that
6:42project to see what else can be had
6:45there. So, looking forward to seeing
6:47some of the progress on that, and of
6:48course, the permitting coming in. I
6:50think that's the next major milestone is
6:51that uh that permitting hurdle, and
6:53hopefully the government's on time with
6:55getting that done so you guys can get to
6:57work on that operation. So, I appreciate
7:00that. With that, you touched a little
7:02bit on some cash received for the
7:04quarter ending 31 December 2025.
7:07Um those results have come out. Just any
7:10highlights that you'd like to talk about
7:12in those operational results, and maybe
7:15some of your expectations looking
7:16forward.
7:18Our results in the December quarter were
7:20very strong for a small market cap like
7:23Auric. Auric still has a market cap
7:25around near $57 million. So, we're we're
7:28in a small category at this point in
7:30time. We've banked about $18.5 million
7:33in revenue from gold sales. The direct
7:36operating costs, and by that I mean
7:38trucking and milling and royalties, were
7:41around 6 million. So, Auric banked about
7:44$12 million in the December quarter back
7:47into our coffers, which basically repaid
7:50all the working capital. Our working
7:52capital spend, Andrew, for mining from
7:55the 1st of May through to the end of
7:57December was around 1.25
8:01million dollars a month. So, our opex
8:03burn was around $7-8 million. So, we've
8:06cashed up. You would have seen in the
8:08quarterly, Andrew, that we had around a
8:10bit below $7 million cash at bank as at
8:14the 31st of December.
8:16And it's our expectation, as I said a
8:18bit earlier, to produce around 3,000 oz
8:21of gold out of campaign two. Let's say
8:23you use an Aussie gold price of $7,000
8:26an oz. Now, that's another $21 million
8:29in gross revenue.
8:31Again, your direct out-of-pocket
8:33expenses will be about the same, around
8:366.5 to 7 million dollars. So, we could
8:39add about 15 million net cash to our
8:42bank account between now and the end of
8:44March, which would get us up to cash at
8:47bank around near somewhere between 18
8:50and 21 million dollars cash at bank by
8:52the 31st of March.
8:54Good to build up a bit of cash here as
8:56you guys come into bigger operations,
8:57and then also look at some exploration
8:59work as well, which I know we'll talk
9:01about here in just a moment. Before we
9:02do, I want to shift over to Burbanks
9:05processing plant.
9:07Um ongoing evaluation to look at a
9:10potential return to operation
9:12approximately 2028.
9:14Any updates for us on progress there at
9:16Burbanks and permitting work to get
9:18Burbanks up and turning?
9:21Yeah, Andrew, we actually had the first
9:23detailed discussion on it on Friday
9:26afternoon. So, your listeners might
9:28recall that we settled on Burbanks on
9:31the 30th of September. Um December and
9:33January is always pretty quiet in
9:35Australia. It's a summer holiday in
9:38Australia.
9:39So, everybody's back at work now.
9:42So, we had our first discussion Friday
9:45afternoon. We'll get the first
9:46preliminary numbers from the engineering
9:50and development team. We hope to get
9:52that Tuesday, Wednesday this week.
9:55We'll then look at those, and then we
9:56hope to have another meeting naturally
9:58in the week starting the 9th of
10:00February. And then we got to refine and
10:03start to make decisions about what we
10:05want to do. It's going to be a quite a
10:08large project for us. Um, it will take
10:11all of 2026 and most probably part of
10:132027. Um, but Andrew, we want to be in a
10:16position where we can control our own
10:19destiny. We want to be in a position
10:21where we can design our mine plan and
10:23feed our own ore into the mill, process
10:26it, and have control of the whole
10:28operating procedure.
10:30I think it's also fair to say, given the
10:32current gold price, toll milling
10:34facilities in the gold fields region,
10:37uh, are becoming very scarce. Price of
10:40gold where it is, anybody that's got any
10:41resource that's been stocked on a ROM
10:44pad somewhere is going to be looking for
10:46a home. So, it's going to be a strategic
10:50thing for Oraec to be able to develop
10:52Burbanks.
10:54Um, and that's one of our key drivers
10:55and key visions that we need to develop
10:58this year and early next year.
11:01That's excellent. Well, I thought it was
11:03a good opportunistic thing to do was to
11:05acquire this facility and then look at,
11:07uh, as cash flow allows and it makes
11:10sense get this facility back up and
11:12running. Mark, in the future, just with
11:14Burbanks, you know, as you guys get it
11:16up and running and it satisfies your
11:19needs from an Oraec operational
11:21standpoint, would there be any potential
11:23for you guys to look at allowing toll
11:26processing, uh, by others at the
11:28facility?
11:29There will be a possibility. The first
11:32thing that we have to decide with the
11:34with our advisers and and consultants is
11:38the size of the development. So,
11:41Burbanks at this point in time is
11:43licensed for around 180,000 ton per
11:46annum plant. That's too small. Okay? In
11:50the current OPEX costs, that would not
11:52be viable. So, we have to work out what
11:56size we build, whether you go up to
11:58500,000, 600,000,
12:01something like that. And then also
12:04whether you can stage it. And you can
12:06sort of get it up and running so that
12:08you can process 300,000 tons going
12:11through the mill fairly quickly, and
12:13then have capacity to add scale to it to
12:16build that facility up. With our Munda
12:19project, we would be able to keep it
12:21fairly full, but certainly we need
12:24additional resources to keep it 100%
12:28occupied.
12:29I think the phased approach makes the
12:31most sense here. So, I think you guys
12:32have the right plan of action there with
12:34respect to that. So, looking forward to
12:36seeing that advance, that initial
12:38startup going processing for Oraec, and
12:41then you guys look to a phased
12:43expansion, and then excess capacity gets
12:45filled potentially by toll processing.
12:47So, great plan on that front, Mark.
12:49Looking forward to seeing you guys
12:50advance that. Well, let's shift over to
12:54exploration work. Cover the plans for us
12:57there at, uh, Higginsville, Spargoville,
13:00Loaded Dog. Um, any plans there? What
13:02would be the priority plan if you guys,
13:05you know, if you're going to get
13:06something done on the exploration front
13:08this year, where would you go? And then
13:11also the timing to get on the ground and
13:13work that priority project, or maybe
13:16you're going to attack more than one.
13:18We're most probably going to attack more
13:20than one fairly quickly. It's our vision
13:23to put the foot on the accelerator and
13:24go pretty hard. In the current commodity
13:27market, gold market, we need to, um,
13:29speed up our work.
13:31We've actually completed in the December
13:34quarter the heritage surveys required
13:36with the traditional owners at
13:38Higginsville and Loaded Dog. We've
13:40already got clearance at Spargoville, so
13:43we've done that previously.
13:45We've engaged the operators to go in and
13:48start to clear the drill pads, and we
13:50intend to do that later this month.
13:53We've booked the drill rigs to go out
13:55there and start in April this year.
13:58Um, so it's our desire to have
14:00one or two teams operating at both
14:03Higginsville {slash} Loaded Dog and at
14:05Spargoville in Q2 this year.
14:09Well, looking forward to seeing that. I
14:10think that provides you guys having that
14:13exploration kicker with the operational
14:15cash flows coming out of Munda. I think
14:17that's a great way to approach this,
14:18especially in this market. And resource
14:21add to the portfolio, I think will be
14:23well rewarded as we continue down the
14:26road here within this gold market. So,
14:28appreciate that, Mark, and looking
14:29forward to seeing you guys get on the
14:31ground there and get the drills turning.
14:33With that, why don't we shift over to
14:37updates on the Lindsay's gold project,
14:40um, as far as getting remaining
14:42tenements secured. Uh, just any update
14:44on that front.
14:47Yeah, that's held us back. It's been a
14:49bit of a problem. Um, it's a problem not
14:51of our making. We, uh, executed the
14:55agreement to buy that project in
14:56February 2025.
14:59Your listeners may recall we settled on
15:01three of the seven tenements.
15:03We've taken control and management of
15:05the largest tenement in the Warden's
15:07Court. Um, the next hearing date of
15:11filing of evidence is the 20th of
15:13February.
15:14We hope that the evidence filed will
15:17move it on to a stage where we can
15:19complete that acquisition. Look at stage
15:22this. The plaintiff has to lodgies, um,
15:26documentation by the 20th of Feb. I
15:28think our response date 7th, 8th of
15:30March, and then there's a hearing date
15:32sometime in April. We're very confident
15:35that we're going to win, but of course,
15:37you can never say never in, um,
15:39legal matters. But it's our desire to
15:43get working on there. We've actually had
15:44people up on the ground, um, couple of
15:46weeks ago doing some preliminary work up
15:49at Lindsay's.
15:50And, you know, Andrew, it's our second
15:53major project after Munda. It's the
15:55project that we want to get, uh,
15:57operational.
15:59Uh, it's a project that we believe that
16:00we can get mining quickly, and again
16:03start operations and producing gold. So,
16:06we're very keen and focused to resolve
16:08these issues in the Warden's Court, um,
16:11so that we can get Lindsay's operational
16:14this year.
16:16Assuming that we do get everything
16:18settled, and it sounds like you're
16:20pretty confident that things would be
16:22resolved potentially this year, 2026.
16:25Let's just say it did stretch towards
16:27the end of the year on getting
16:28everything resolved. What do you think
16:30would be the time frame to get to first
16:34ore ready to go or even first production
16:37of gold? What would you say there just
16:39on that front?
16:40Look, Andrew, another excellent
16:43question. We would anticipate
16:46being able to get it into production
16:48within 6 months of settlement. Okay?
16:52We've got work that we're doing now
16:54behind the scenes, uh, work that we're
16:56doing with with the relevant technical
16:58people.
17:00We want to be able to mine it. So,
17:02Lindsay's is a very simple simple
17:05business. It's the gold is visible.
17:09Um, it's quite easy simple mining
17:10operation.
17:12The trick will be having a home to get
17:14it into a mill.
17:16It's always It was always our desire to
17:18move our team from Munda virtually
17:21straight to Lindsay's and to be able to
17:23develop the ore, complete it in the
17:25Burbanks in 2027.
17:28Yeah, it has slid. Um, we can't do
17:31anything about that, but it is still our
17:34view and our desire to get Lindsay's
17:36into operational later this year so that
17:39we can start to build up some ore on our
17:42ROM pad at Lindsay's for delivery to the
17:45Burbanks mill or another mill in 2027.
17:4927, late 27 is is a target still. I
17:52think that's a good one to have. At
17:54least you guys will be busy with
17:56operations at Munda. It'd be nice to get
17:59this going as soon as possible for
18:00obvious reasons, but the pipeline looks
18:03pretty good, and there is a bit of slack
18:04left. So, I appreciate you, uh, looking
18:07at this and continuing to have this as a
18:08major focus to move forward as soon as
18:10possible, and the good thing is Munda
18:12will be providing that cash flow in the
18:15meantime and keep the crew occupied, so
18:18to speak, for the time being. And then
18:19also to be able to get material over to
18:22Burbanks rather than having to take it
18:23somewhere else is a good plus, even if
18:26it's a little bit of a stock pile for a
18:28time being. Just coming back briefly to
18:30the administrative side, we did talk
18:32about cash on hand, quarterly report
18:34details there.
18:36Uh, we do have payments, cash flows
18:38coming for the company in February and
18:40also into March. Just talk a little bit
18:43about where we stand on capital
18:45structure as far as current shares
18:47outstanding, Mark, and of course, the
18:49key shareholders.
18:51So, we're still fairly small issued
18:54capital. We have just below 190 million
18:56shares on issue. So, it's still pretty
19:00tight. Our top 20 still controls a bit
19:02above 50% of the issued capital.
19:05We have one large substantial
19:08shareholder whose name is Jeffrey
19:09Barkoff. Um, he's in Melbourne. He owns
19:13about 8% of the business. The directors
19:16collectively, the three directors, Steve
19:18Morris, John Utley, and myself hold
19:21about 12%. So, between the four of us,
19:24we've got, you know, 20 odd percent or
19:26thereabouts. There's a couple of other
19:28key shareholders that are friends of
19:31mine. We have two small funds on our
19:34register. Both the Lao Fund and the Debt
19:36Capital Fund have got small positions in
19:39Oraec, not not large by any stretch of
19:42the imagination. But in the last raise
19:44that we did in May last year, both Debt
19:47Debt Capital and Lao came onto our
19:49register. They're very supportive with
19:51us. I make sure that I catch up with
19:54them two or three times a year. And it's
19:56always our desire and goal, Andrew, like
19:58every business to to grow that
20:00institutional base.
20:02I think until we get our market cap up
20:05closer to a 100 million market cap, most
20:07of those institutions won't come and
20:09take a position because we're too small.
20:12So, it's our goal to sort of work the
20:14business up. If we if we keep generating
20:17cash, keep building our ounces, have a
20:20clear strategy on Burbanks. You know,
20:23those three key drivers, I think will
20:25move the business to that next level.
20:28And then we'll be able to get some
20:29smaller institutions under our register.
20:33Yeah, I think that makes sense, Mark. I
20:35appreciate you walking through that. And
20:36you guys have skin in the game, I think
20:39as you guys start to get a little bit
20:40more attention and traction as this
20:42market progresses and you guys hit on
20:44those milestones that you mentioned. Uh
20:46certainly, I see the value increase here
20:48would be coming in due course.
20:50Any thoughts on the market before we
20:53wrap up?
20:54Okay. So, the gold market, we see the
20:57gold market be very strong. We only
20:59talking in our business about the gold
21:02price in AUD. Of course, most people
21:05talk about it in US dollar terms and
21:07then you do the conversion between AUD
21:09and USD. But as we have no debt, as we
21:13have no hedging, as we have no exposure
21:16to international currencies, we're very
21:18focused on the gold price in Australian
21:21dollar terms.
21:22Look, it did go go crazy last week
21:24getting up to about 7,900 Australian. It
21:28was just going too fast. And like
21:30everybody knows in life, the the quicker
21:32you rise, the harder you fall.
21:35So, the gold price since last Friday and
21:37today has come off around 13%. It's
21:40around 6,800 Aussie. It's still a ripper
21:43price. Yeah, Andrew, when we were
21:45selling gold from Jeffries find in 2024,
21:49we averaged out about 3,200 dollars
21:52Australian. So, realistically, you're
21:54talking about
21:56your gold price being double. So, I
21:59still see the gold price is very strong.
22:02I still see all the drivers for the gold
22:04price, you know,
22:05the political, the debt risk, the the
22:07insecurity. I still see all those things
22:10prevalent. So, I would expect gold price
22:12to remain quite buoyant. Anything for us
22:15above 6,500 Australian is outstanding as
22:18far as we're concerned.
22:20The equity markets, of course, are very
22:22bullish. I think your president, Andrew,
22:25is very determined to, using his own
22:28language, get the place moving. I think
22:30all the commodities are very strong. You
22:32know, gold, silver, uranium, platinum,
22:35even nickel and lithium are showing some
22:37sparks of life.
22:38So, I think the equity markets are going
22:40to be in a very good position. We are
22:42very bullish for the next 3 years. And
22:45everything as far as we are concerned,
22:47being a gold producer in one
22:49jurisdiction called Kalgoorlie, we
22:52couldn't be happier.
22:54It's good to be focused locally there
22:55where you guys are and some of this
22:57bigger stuff just passes overhead and
22:59you're good to go. And most certainly,
23:01being able to operate in the home
23:03currency always a plus there to stay
23:06within that market. Certainly, too, I
23:08think it's important that while there's
23:11always going to be corrections and
23:12volatility
23:14in commodity prices such as gold,
23:16looking back a couple years, we're still
23:19sitting quite well. And these things are
23:21healthy sometimes to happen. And
23:23certainly, we've got some very good
23:26conditions to maintain a pretty healthy
23:28price in the years to come the way
23:30things are headed here. So, appreciate
23:32your thoughts on that. Appreciate your
23:33thoughts on how the equities are looking
23:35as well. And well, why don't we leave it
23:36there for this update. For potential
23:38investors who are listening in, Auric
23:40Mining has a market capitalization of
23:42about 60 million Australian dollars. Why
23:46should the company be considered within
23:48the institutional family office and
23:50retail investors portfolio at this
23:52stage?
23:53Andrew, come the end of March,
23:56I expect us to have 20 million dollars
23:59give or take in the bank.
24:01So, that gives us an enterprise value of
24:0340 million dollars, which we think is
24:05incredibly cheap.
24:07We have two projects, both Munday and
24:09Lynjees, that have got resources on it
24:11that are on granted mining leases that
24:14we can get into production.
24:16We're going to build, repair, fix,
24:19whatever the right word is, the Burbanks
24:21facility so that we can control our own
24:23destiny.
24:25We've got an excellent landholding
24:27around Kalgoorlie, Kambalda,
24:30Widgiemooltha in WA, outstanding gold
24:33jurisdiction. Most of our projects,
24:36Andrew, are within an hour of
24:37Kalgoorlie, all on bitumen.
24:40To get to our Munday project, for
24:42example, you only drive 5 km on the
24:45gravel road.
24:46So, we can haul trucks from Munday to
24:49Kalgoorlie hour and a half, hour and 45
24:52minutes. You know, it's a it's a
24:53fantastic place to be.
24:56You know, everybody knows Kalgoorlie,
24:59Northern Star Goldfields, Westgold,
25:01Pantoro
25:03are just some of the big gold companies
25:05in the world that operate in that
25:07jurisdiction. So, everything that you
25:10need to run a business like Auric,
25:11Andrew, is 100% available to you within
25:15an hour's drive of all our projects.
25:18Appreciate your thoughts on that and
25:20where you guys are focused, it's a great
25:21place to be. And with that, for the
25:24audience, anybody who wants to reach
25:26out, what's the best way for them to
25:27make contact?
25:28Send me an email. I'll always respond to
25:31an email. My details are on every
25:33announcement. My mobile phone's there.
25:35If you want to ring me up, you can
25:37WhatsApp or Telegram me. Um and
25:40realistically, I have have a view that I
25:44endeavor to get back to anybody that
25:46contacts me within 48 hours.
25:48So, that's one of my personal goals and
25:51ambitions. Um so, any of your listeners,
25:53Andrew, that want to ask me any
25:55questions, please feel free to either
25:57email or phone me.
26:00Mark, well, thank you for the update on
26:02Auric. We're looking forward to seeing
26:03further results with Munday operations
26:05and other work in the coming months.
26:06Thank you.
26:08My pleasure. Thanks for having me.

About this transcript

This page contains the full transcript of Discussion with Mark English | Auric Mining (ASX:AWJ) | Gold by SMITHWEEKLY RESEARCH, generated from the public captions YouTube serves with the video. The transcript has 4,365 words across 681 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.

What you can do with it

Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to choose a caption track available on the video.

Free YouTube transcript tool

YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, caption language selection, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.