LPM - Lithium Plus Minerals

[System]

Lithium Plus Minerals Ltd is an Australian public company incorporated on 10 September 2021 with a focus on Australian lithium projects, including the acquisition of attractive exploration and development resource projects.

Since incorporation, the Company has built a portfolio of lithium exploration projects in the Northern Territory via acquisition.

The Company has nineteen granted exploration licences (for 1,575 km2) and three pending exploration licences covering prospective ground in the Bynoe and Arunta Regions of the Northern Territory.

The total area held under licence, assuming that the three pending exploration licence applications are granted, will exceed 1,690 km2.

The tenements cover a range of different geological provinces, each bearing potential for lithium mineralisation, as well as holding potential for associated tin/tantalum/caesium mineralisation.

It is anticipated that LPM will list on the ASX during April 2022.

Lithium Plus | an Australian Lithium Exploration Company

lithiumplus.com.au

 

[Dona Ferentes]

Listing date	26 April 2022 12:30 PM AEST ##
Company contact details	Lithium Plus | an Australian Lithium Exploration Company lithiumplus.com.au Ph: +61 2 8029 0666
Principal Activities	Lithium exploration
GICS industry group	TBA
Issue Price	AUD 0.25
Issue Type	Ordinary Fully Paid Shares
Security code	LPM
Capital to be Raised	$10,000,000
Expected offer close date	12 April 2022
Underwriter	Not underwritten. Canaccord Genuity (Australia) Limited (Lead Manager).

 

[frugal.rock]

Issue Price

AUD 0.25

Wow. Just, wow.
Appears to have opened at $0.60
15 minute bars, 3rd day of trading.

 

[Dona Ferentes]

Wow. Just, wow.
Appears to have opened at $0.60

and ran to a buck, then slip sliding all the way down to 30c. But, hark, up 40% to 41c today !!

DRILLING SET TO COMMENCE
+ Mining Management Plan approved for Bynoe Lithium Project
+ Drilling at Lei and Cai Prospects expected to commence in coming weeks

 

[waterbottle]

Ooft, IPO a lithium explorer it this climate?! I wish them the best of luck

 

[samuilk]

Drilling set to commence 15.06.2022

 

[Dona Ferentes]

should have been paying attention:

" ....samples from our maiden diamond hole at the Lei Prospect .... have visibly validated the historical spodumene-bearing pegmatite system at Depth, and provide us confidence that we may have a significant lithium discovery at Bynoe...."

 

[aus_trader]

Put a trade on Lithium junior Lithium Plus Minerals Ltd (LPM). Hoping it could put on at least a mini run similar to say the Lithium senior PLS that has really taken off.

Details: https://www.aussiestockforums.com/threads/speculative-stock-portfolio.33280/post-1195289