Lodestar Minerals (ASX:LSR) is heading to market with a capital raising. The ASX has granted the company a trading halt, with its shares placed in pre-open.
The company has a unique regional perspective and geological interpretation, focused on identifying large base and precious metal systems on tectonic basin margins within the Peak Hill and Doolgunna region of Western Australia.
The wider Bryah Basin is underexplored, particularly in the context of modern exploration methods, with discoveries including Sandfire Resources’ (ASX:SIR) DeGrussa, Sipa Resources (ASX:SRI) Enigma deposit and Lodestar’s Contessa.
The basin is a sought after exploration address, and has recently been seeing increased consolidation and exploration activity in the region.
Lodestar has been active in the area since 2010.
The halt will remain in place until the opening of trade on Friday 22nd August 2014, or earlier if an announcement is made to the market.
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $8.799M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.0¢ | $141.3K | 6.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 314851 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 214713 | 2 |
View Market Depth
| Last trade - 10.29am 05/09/2025 (20 minute delay) ? |
| LSR (ASX) Chart |