Australian (ASX) Stock Market Forum

LSA - Lachlan Star

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Might be worth keeping an eye on Lachlan Star. The share price has been creeping up recently and there could be more to come.

Assay results from the Koojan Au-Cu-Ni-PGE Project are overdue and should be announced any day now. Going by the recent price action, it's fair to say that the market is expecting good news. If it is, watch for LSA to move hard and fast.

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greggles said:
Might be worth keeping an eye on Lachlan Star. The share price has been creeping up recently and there could be more to come.
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Been going well since the cap raise late January at 0.017

$47-50 million market cap with around $3.5 million in the bank

Awaited Assays are just "samples" I believe? ie. Not drill results?

Either way the previous drilling of 9 mtrs at +2% copper and 43 mtrs 1.7 g/t Au could be a potential honey hole once they get the drills into it

LSA June 2021.jpg
 
barney said:
Awaited Assays are just "samples" I believe? ie. Not drill results?

Either way the previous drilling of 9 mtrs at +2% copper and 43 mtrs 1.7 g/t Au could be a potential honey hole once they get the drills into it
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Yes, just samples. I should have been more specific. But if the upcoming results are good, I expect that drilling will follow very quickly afterwards. The project is a JV with LTR and their share price is outperforming as well recently, so there are two companies that are going to want to see this project moved forward as quickly as possible.

Anyway, first the results and then... who knows... :jimlad:
 
LSA continuing to power ahead today, up another 18.18% to 5.2c. Am wondering if this is a case of loose lips or just high expectations? It seems to be running very hard in the absence of news. Market depth is heavily stacked on the buy side. Perhaps it's a case of buy the rumour, sell the fact?
 
LSA Interesting they are one of only 5 companies on the ASX with exposure to magnesium. The company has cash in the bank. Potential for a rerating if magnesium has continued interest.
 
4 years - no show.
Let me break the thread. When @Joe Blow be actively chopping the dead woods ?

Any way some effort to pour liquid hormones to survive the dead wood

Very small market capital to make any one excited even if the share shot more than 12% today.
Is some thing expecting from the assay of recent drilling ???



This is a sugar quoted announcement often happens before a CR. :) My speculation however and DYOR


Tim Goyder has so much money to throw but to donate for right cause, that his additional investment does not motivate me to invest. But for tipping, may be yes ?


These gold discover of less than 1 gm/ton is nothing . It is almost same as Cut off value of gold.
One percent more from Tim Goyder

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Miner said:
Very small market capital to make any one excited even if the share shot more than 12% today.
Is some thing expecting from the assay of recent drilling ???
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I have no idea Miner but their general position looks ok? Low MC with small tightly held Register, although with Top 20 owning near 58% and DevEx owning 30% there might not be enough chips for other sea-gulls to get interested?

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barney said:
I have no idea Miner but their general position looks ok? Low MC with small tightly held Register, although with Top 20 owning near 58% and DevEx owning 30% there might not be enough chips for other sea-gulls to get interested?

View attachment 204592
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Hey bard the @barney - have you already started feeding Canadian and Mexican beef to your seagulls > Their sizes looking like Eagles :). If you extend this metaphor, then low MC of LSA could be massive once Aug tipping period is over
 
Miner said:
Hey bard the @barney - have you already started feeding Canadian and Mexican beef to your seagulls > Their sizes looking like Eagles :). If you extend this metaphor, then low MC of LSA could be massive once Aug tipping period is over
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Lol ..... Specs are very hard to time as we all know @Miner but at a glance this one looks fairly well placed to perhaps do much better than it has up till now ;)

I like my Specs to have solid fundamentals so I may need to have a little read on what these lads are actually up to and get back to you. :bookworm:

Hope you are keeping well. Cheers M8. :happy:
 
barney said:
Lol ..... Specs are very hard to time as we all know @Miner but at a glance this one looks fairly well placed to perhaps do much better than it has up till now ;)

I like my Specs to have solid fundamentals so I may need to have a little read on what these lads are actually up to and get back to you. :bookworm:

Hope you are keeping well. Cheers M8. :happy:
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All good mate.
Still telling lies. People are believing and paying my bills and still has the same wife for 38 years.
Life is Good 😄
 
Miner said:
and still has the same wife for 38 years. Life is Good 😄
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Well done! ... I knew we had something on common :) .... My lovely wife has been trying to get away from me for 39 years but due to my persistence she has (fortunately) failed miserably :happy:

I could be wrong but my (failing) memory suggests that @wayneL has also been married a similar time?? No doubt there are many others (@tech/a is another I recall)

Our conversation prompts me on a Friday evening to start a Thread .... "How long have you been married?", lol. Cheers M8.
 
barney said:
Well done! ... I knew we had something on common :) .... My lovely wife has been trying to get away from me for 39 years but due to my persistence she has (fortunately) failed miserably :happy:

I could be wrong but my (failing) memory suggests that @wayneL has also been married a similar time?? No doubt there are many others (@tech/a is another I recall)

Our conversation prompts me on a Friday evening to start a Thread .... "How long have you been married?", lol. Cheers M8.
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@barney may be change the title - how many times you were married will be fantastic
 
barney said:
Well done! ... I knew we had something on common :) .... My lovely wife has been trying to get away from me for 39 years but due to my persistence she has (fortunately) failed miserably :happy:

I could be wrong but my (failing) memory suggests that @wayneL has also been married a similar time?? No doubt there are many others (@tech/a is another I recall)

Our conversation prompts me on a Friday evening to start a Thread .... "How long have you been married?", lol. Cheers M8.
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Geez, it's been 40 years. It sort of feels like we should be curmudgeonly old toothless geezers with Zimmer frames, bitching about the youth of today. :laugh:
 
wayneL said:
Geez, it's been 40 years. It sort of feels like we should be curmudgeonly old toothless geezers with Zimmer frames, bitching about the youth of today. :laugh:
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LOL .... If I ever get to WA, maybe one day my wife and I could get to meet you and your obviously wonderful (and long suffering) missus "young" Wayne:happy:
 
barney said:
LOL .... If I ever get to WA, maybe one day my wife and I could get to meet you and your obviously wonderful (and long suffering) missus "young" Wayne:happy:
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For sure Barney, that would be ace mate 👍
 

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