This is just the current market machinations that we are seeing...

This is just the current market machinations that we are seeing in LSR's SP movement.

After great gains, exploration success and a lack of an ongoing drilling campaign we have seen a sell off as many holders are sitting on profits or recent buyers decide to sell and move on to the next big thing.

Then there is also the possibility of manipulators seeking to move a stock lower to accumulate at lower levels in anticipation of the next round of drilling. What we see in the buy sell depth is only a small part of the story and often isn't indicative of what plans are hatched off screen.

The same picture is seen across the small end of the ASX, LSR is no different.

Going forward the anticipation of Marymia drilling, resettling of holders looking to exit with those wanting to hold or accumulate and the unfolding fundamentals of LSR should see the SP hold around current levels. Left field is anything from AUZ.

Patience is the key here. LSR has a real good chance of making a serious movement north if early exploration success at Camel is broadened and or Marymia hits the goods located close to Plutonic. These potential catalysts for a significant movement of the SP are based on further exploration success increasing the commercial viability of the prospects.

Not long to wait for the next chapter of the story and possibly significant investor returns.