Oct 8 (Reuters) - Big Un Ltd BIG.AX :
* Update on agreement to acquire Mozambican licences BIG.AX
* Says Auroch has provided big a notice purporting to terminate the agreement
* Big disputes auroch's asserted entitlement to terminate the agreement"
* 'informed auroch that it considers the company to have a liability to big in respect of the agreement"
* Value of that liability, and Big's corresponding claim, is presently estimated as being the value of the consideration under the agreement
* Says Big has engaged legal representation to advise in connection with its claim
* Says no proceedings have been commenced at this stage
* Source text for Eikon ID:nASXbkX8Vr