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2026-11-06
◂ Monitor LMS ASX

Litchfield Minerals Limited

Discovery Drill Stage · Copper · Zinc · Australia Rating locked: sign in to view v8 · lms-20261009t164924-first-fill
Last 2026-11-06
A$0.155
1D
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1M
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YTD
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1Y
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Upside
Locked: sign in to view
Mkt cap
A$10.3M
EV
A$5.7M
Cash
A$4.6M
Debt
A$0
3 newer ASX announcements not yet reflected in this valuation

Narrative and provenance

Research & Sources

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Chronological evidenceSource-document inventory11 documents
Annual Report to Shareholders FY2026Results · HighExtracted

Audited FY2026 report: June cash A$4.603m, no mine revenue or resource; notes 66.291058m September ordinary shares versus ASX Appendix 2A 66.291059m, a one-share discrepancy. Auditor flags material uncertainty about funding the next 12 months. Reports 9.4475m options and 6.25m performance rights at report date.

Document ID
lms-annual-2026
Published UTC
2026-09-25T02:56:00Z
Projects
oonagalabi · silver-valley · harts-range · lucy-creek
Commodities
copper · zinc · silver · nickel
Open original source ↗
LMS.AX local reference price rowMarket Data · HighExtracted

Latest eligible 25 September 2026 LMS.AX close from local data/asx_mining_companies.db via miners.reference_price, market data provider via miners.collect_stock_prices; A$0.23 per ordinary ASX LMS share. The same local source also provides 23 and 24 September close and volume observations for a bounded announcement-day comparison. Market-close timestamps are normalized to 16:00 AEST.

Document ID
lms-price-20260925
Published UTC
2026-09-25T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
Drill Rig Secured for Oonagalabi Phase 4Operations · HighExtracted

Topdrill rig secured; Oonagalabi Phase 4 drill program planned to start 8 October 2026. Eight to ten holes to test extensions and structural controls; 11 candidate holes are depicted but are not a committed 1,820 m program.

Document ID
lms-rig-sep2026
Published UTC
2026-09-23T22:24:00Z
Projects
oonagalabi
Commodities
copper · zinc · silver · platinum_group_metals
Open original source ↗
LMS BHP Xplor Showcase Investor Presentation noticeOperations · LowExtracted

Two-page issuer cover notice dated 18 September 2026 linking a separate BHP Xplor showcase presentation about the Harts Range exploration strategy. The linked presentation is not included in this PDF, so the notice is not treated as evidence for any new technical or economic claim.

Document ID
lms-bhp-showcase-notice-20260918
Published UTC
2026-09-18T03:25:04Z
Projects
harts-range
Commodities
copper · nickel · platinum_group_metals
Open original source ↗
NT Resources Week PresentationOperations · MediumExtracted

Issuer presentation lays out a conceptual belt-scale Cu-Ni-PGE mineral systems thesis and explicitly distinguishes third-party deposits from Litchfield resources.

Document ID
lms-nt-week-20260903
Published UTC
2026-09-03T02:38:00Z
Projects
oonagalabi · harts-range
Commodities
copper · zinc · nickel · platinum_group_metals
Open original source ↗
Notification of cessation of securities - LMSCorporate Action · MediumExtracted

Appendix 3H confirms expiry of 4.7m LMSAD A$0.30 options on 28 August without exercise; ordinary shares were not reduced.

Document ID
lms-cessation-20260831
Published UTC
2026-08-31T08:06:00Z
Projects
—
Commodities
—
Open original source ↗
Application for quotation of securities - LMSCorporate Action · MediumExtracted

Appendix 2A confirms 750,000 class-A performance rights converted into ordinary shares, taking quoted ordinary shares to 66,291,059. This is one share above the annual report shareholder table.

Document ID
lms-quotation-20260831
Published UTC
2026-08-31T08:04:00Z
Projects
—
Commodities
—
Open original source ↗
New Harts Range Licence Unlocks Priority Sybil Copper TargetOperations · MediumExtracted

EL34245 (~384 km2) was granted 30 July, permitting field validation at the undrilled Sybil target. Historical VTEM and surface rock chips are not verified to current JORC standards.

Document ID
lms-harts-licence-20260820
Published UTC
2026-08-19T22:49:00Z
Projects
harts-range
Commodities
copper
Open original source ↗
Silver Valley IP Survey identifies Western AnomaliesOperations · MediumExtracted

Three IP lines showed western chargeability; selective historical-dump rock chips returned high grades, but neither measures a resource or economic continuity. Revised IP and field validation planned.

Document ID
lms-silver-ip-20260810
Published UTC
2026-08-09T22:52:00Z
Projects
silver-valley
Commodities
silver · copper · lead
Open original source ↗
June 2026 Quarterly Activities Report and Appendix 5BOperations · HighExtracted

Phase 3 Oonagalabi drilling, Silver Valley rock chips and FYQ4 cash and exploration spend. Results are drill intercepts and rock chips, not resources.

Document ID
lms-q4-2026
Published UTC
2026-07-29T07:53:00Z
Projects
oonagalabi · silver-valley · harts-range · lucy-creek
Commodities
copper · zinc · silver · nickel
Open original source ↗
Litchfield Minerals selected for BHP Xplor 2026Economic Arrangement · MediumExtracted

Original issuer release of BHP Xplor participation. Source states US$500,000 equity-free funding and access to BHP expert support; publication time was not shown in retrieved PDF and is normalized to midnight local for date-only record.

Document ID
lms-bhp-xplor
Published UTC
2026-02-01T14:00:00Z
Projects
oonagalabi
Commodities
copper · zinc
Open original source ↗
Evidence facts51
fy26-cashAudited cash and cash equivalents

4602858 AUD

2026-06-30
fy26-liabilitiesTotal liabilities

159528 AUD

2026-06-30
fy26-ee-assetExploration and evaluation asset

7269935 AUD

2026-06-30
fy26-sharesOrdinary shares outstanding

65541059 shares

2026-06-30
fy26-optionsOptions outstanding

14147500 options

2026-06-30
register-sharesShares in shareholder information

66291058 shares

None
md-nameMatthew Pustahya; Managing Director

Matthew Pustahya None

2026-09-25
cfo-namePeter Harding-Smith; CFO and Company Secretary

Peter Harding-Smith None

2026-09-25
fy26-revenueFY2026 reported revenue, primarily grant funding

927454 AUD

2026-06-30
fy26-lossFY2026 net loss

-24125 AUD

2026-06-30
fy26-investing-explorationFY2026 capitalised exploration and tenement cash spend

3544648 AUD

2026-06-30
fy25-cashAudited prior-year cash

662253 AUD

2025-06-30
fy26-performance-rightsPerformance rights on issue at annual report date

6250000 rights

2026-09-25
fy26-post-optionsUnquoted options at annual report date

9447500 options

2026-09-25
fy26-going-concernAuditor highlights material uncertainty related to going concern and funding for next 12 months

Funding dependent on shareholders or new investors None

2026-09-25
fy26-no-dividendNo dividend while exploration-stage

no dividend None

2026-06-30
q4-rc-holesOonagalabi Phase 3 reverse circulation holes

11 holes

2026-06-30
q4-rc-metersOonagalabi Phase 3 reverse circulation metres

1772 m

2026-06-30
q4-dd-holesOonagalabi Phase 3 diamond holes

3 holes

2026-06-30
q4-dd-metersOonagalabi Phase 3 diamond metres

1217.9 m

2026-06-30
q4-ogdd002OGDD002 intercept

68.26m at 0.62% Cu, 1.44% Zn, 4.3g/t Ag None

2026-06-30
q4-ogrc029OGRC029 intercept

120m at 0.35% Cu, 0.92% Zn, 4.1g/t Ag None

2026-06-30
q4-silver-rockchipSilver Valley SV2-04 rock chip

378g/t Ag, 0.91g/t Au, 5.04% Cu, 44.9% Pb None

2026-06-30
q4-exploration-spendJune-quarter exploration spend

1116000 AUD

2026-06-30
q4-cashJune-quarter closing cash

4603000 AUD

2026-06-30
q4-runwayCompany Appendix 5B estimated funding runway

5.09 quarters

2026-06-30
q4-prior-cashMarch-quarter cash balance in June Appendix 5B

5413000 AUD

2026-03-31
q4-adminJune-quarter administration and corporate cash outflow

167000 AUD

2026-06-30
q4-bhp-receiptJune-quarter BHP Xplor receipts

342000 AUD

2026-06-30
rig-startPlanned Phase 4 drilling commencement

2026-10-08 None

2026-09-24
rig-hole-rangePlanned holes

8-10 None

2026-09-24
rig-depthPlanned hole depths

120-200 m

2026-09-24
bhp-fundingBHP Xplor non-dilutive funding

500000 USD

2026-02-02
bhp-equityBHP Xplor equity requirement

0 equity%

2026-02-02
price-closeLMS.AX closing share price

0.23 AUD/share

2026-09-25
price-volumeLMS.AX trading volume

40267 shares

2026-09-25
price-close-20260923LMS.AX historical closing share price

0.2 AUD/share

2026-09-23
price-volume-20260923LMS.AX historical trading volume

3654 shares

2026-09-23
price-close-20260924LMS.AX historical closing share price

0.245 AUD/share

2026-09-24
price-volume-20260924LMS.AX historical trading volume

240172 shares

2026-09-24
aug-option-expiryLMSAD options expired without exercise

4700000 options

2026-08-28
aug-rights-convertedClass A performance rights converted into ordinary shares

750000 shares

2026-08-31
aug-ordinary-totalOrdinary shares after quotation

66291059 shares

2026-08-31
aug-rights-remainingRemaining performance rights, classes A-C

6250000 rights

2026-08-31
silver-ip-linesSilver Valley completed IP lines

3 lines

2026-07-31
silver-ip-westWestern chargeability response

elevated response west of known workings None

2026-08-10
silver-rockchip-newSelective dump rock-chip sample SV2_06

470g/t Ag, 19.2% Cu, 23.2% Pb None

2026-08-10
harts-el34245EL34245 Harts Range 1 licence granted

384 km2

2026-07-30
harts-sybilHistorical Sybil rock-chip maximum

0.9% Cu, 0.1% Zn None

2026-08-20
nt-week-beltIssuer Harts Range belt thesis

conceptual belt-scale Cu-Ni-PGE thesis; not a JORC resource None

2026-09-03
bhp-showcase-noticeIssuer released link to a separate BHP Xplor showcase presentation

18 September notice, Harts Range exploration strategy None

2026-09-18
Conflicts requiring judgment1
  • ordinary_shares

    Use the specific 31 August Appendix 2A issued-capital count of 66,291,059; the annual shareholder table prints 66,291,058 and a stale/inconsistent 2025 date.