STTCOMP LMS FA LONGCritical and base minerals explorer in...

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    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
 
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