Short Term Trading Week Starting: 05 Aug, page-15

STTCOMP LMS FA LONG

Critical and base minerals explorer in Northern Territory
market cap (MC) $2.8 million
cash in hand (CiH) $3.8 million


Just re posting this tip in the format of the Comp.

Litchfield minerals is a newly listed “critical minerals” explorer in the northern territory. They’ve recently confirmed a 3.5km wide pipe shaped magnetic anomaly they’ve named “megalith”. (Previously identified by RIO)
Currently trading well under cash backing with a very low MC.

Not a lot of shares on issue with a load in escrow till 2026 and volume is low which is something to be mindful of.

I’ve taken a small position at 10.5c

all the best to everyone

DYOR and not investment advice