Desk · Exploration · Mixed basket
ASX:LKY · LKYRF · OTCQX
Locksley Resources
Mojave Project, 1.4 km from Mountain Pass. US REE + antimony next to the only producing American rare-earth mine. Location is the pulse. The resource is not.
Quiet
Pulse Timeline
Isoelectric line is the baseline Pulse. Spike height is catalyst strength. Wide gaps or a flat line = stalled progress / life support.
- 1) 11-15 MRE
Lead II · 25 mm/s · Pulse 10 mm/mV · snapshot 2026-08-22
Life support
Isoelectric. No material beat in the window. A listing is not vitality.
- Last beat
- —
- Beats / 90d
- 0
- Recent gap
- —
0 beats in 180d
- — No dated beat in the trailing window.
- — Next: Mojave drill results that support a maiden resource (85d).
Trading
- Last
- A$0.055
- 1d
- -5.3%
- Mkt cap
- $28M
- Volume
- 283k
- 52-week
- A$0.03 – A$0.28
- 1m
- —
- 3m
- —
- 1y
- —
Shares — · snapshot, not a live tape
Company & people
HQ
Perth / California
Focus
Mixed basket · Hard rock
CEO Locksley management
- ASX critical-minerals board
- Columbia University processing collaboration
Mine / project
Flagship
Mojave (Desert / El Campo)
Location
San Bernardino County, California — 1.4 km from Mountain Pass · United States
Deposit
Carbonatite-adjacent / Mountain Pass district REE + antimony
Resource
Drill-stage. No MRE the desk will multiple. NdPr-enriched surface targets next to MP.
Radioactivity
Moderate — typical monazite / carbonatite
Capital, loans, grants & support
US jurisdiction / Mountain Pass neighbor partner
Same district as MP. Federal drill permits. Not a DoD cheque.
The Pulse
1.4 km from Mountain Pass is a real fact, not a slogan. Drilling is live. Pulse is a hole that looks like a deposit, not another neighborhood map. Antimony is a second ticket, not a MagREO substitute.
ASX:LKY + OTCQX:LKYRF + ADR:LKYLY. Last ~US$0.038. Bid is ~100× below $4. Location is the Nasdaq argument later; a resource is the argument first.
Next: 15 Nov 2026 — Mojave drill results that support a maiden resource
Nasdaq path
Home listing is not Nasdaq. Bid price, registration, and a real asset gate are.
- 01 · DoneASX listing
Primary listing LKY. Mojave is a California asset on an Australian board.
- 02 · DoneOTCQX (LKYRF) + ADR (LKYLY)
Best-market OTC plus an ADR. US accounts can hold this today.
- 03 · DoneDTC / ADR settlement
OTCQX + ADR. Settlement is not the constraint.
- 04 · LiveUS holder tape
Mountain Pass neighbor is the roadshow. Drill permits are federal. Holders follow holes.
- 05 · NextMaiden resource at Mojave15 Nov 2026
1.4 km from MP is location. Metres that look like a deposit are the listing argument.
- 06 · GapSEC registration
No 20-F. PCAOB/S-K 1300 would be the ARR-style next step. Not started.
- 07 · GapNasdaq $4 bid
LKYRF ~US$0.038. ~100× below. A reverse split of a pre-resource name is how this fails.
- 08 · GapNasdaq application
Not started. Drill first. Location is not a 20-F.
Catalysts
Mojave drill results that support a maiden resource
Desk note
Stays on this device. Not the press release.
Pulse = Catalyst proximity + government/strategic support + Nasdaq-path / listing signals + valuation & execution + stage progress. Method