Waardi Limited was established in February 2012 as part of the Agreement for James Price Point.
Prior to the establishment of Waardi, the Traditional Owner Negotiating Committee (TONC) was established to represent the GJJ people in negotiations of the Agreement. After the negotiations were completed Waardi was established and the TONC was no longer required.
The Named Applicant Rita Augustine, Anthony Watson and Ignatius (Iga) Paddy signed the Agreement on behalf of the GJJ Native Title Claim Group, with the Premier Colin Barnett signing on behalf of the State of Western Australia. Other signatories included Woodside, Broome Port Authority, Waardi and Landcorp.
Waardi was ratified under the Agreement as the Administration Body on 4 July 2012, with the signing taking place in Perth. The ratification recognised Waardi as a party to the Agreement and was major milestone.
Following the ratification signing and to mark this important milestone, a special recognition signing ceremony took place in Broome. The Director General of the Department of Premier and Cabinet Peter Conran and Deputy Director General State Initiatives of the Department of State Development Gail McGowan flew to Broome for the event. They joined Waardi Chairperson Warren Greatorex, Acting CEO Donella Raye, other Waardi Directors and GJJ people including Rita, and Iga as well as Woodside’s Vice President Kimberley Niegel Grazia.
Waardi has set up and developed the necessary administrative and commercial structures to manage the benefits from the Agreement for its Members and their families.
The Agreement was described by community leaders across Australia as setting a benchmark for Indigenous people across Australia to control and manage their economic interests within developments that occur on their traditional land.