The Canberra Times reported on a group of university students who had apparently cracked the formula for LSD on this day in 1972.
A university student magazine published what they claimed was the formula to produce the drug.
The formula had been obtained from Sydney's Mitchell Library, the article claimed.
It was contained in a two-page article published in the Sydney University student newspaper Honi Soit.
It was written by the magazine's editor Keith Windshuttle.
He was unavailable for comment after the Honi Soit article was published, but a spokesman said it was unlikely anyone would be able to produce any "home-grown" LSD from reading the article.
"The formula is just a general summary of what goes to make LSD", the spokesman said.
"One would need a far more thorough chemical knowledge to be able to put any of it into practice".
The article strongly criticised new NSW government legislation which was aimed at cracking down on sellers and users of the drug.
The article said pushers in the Kings Cross area were charging $8 for 100 milligrams of LSD.
LSD and other drugs were gazetted by the NSW government on this day.
The regulations provided for fines of up to $2,000 or two years in jail for illegal possession, sale or manufacture of the drug.
On this date, it was illegal only to sell LSD and addictive drugs, but the new regulations would also make it an offence to manufacture, supply or distribute them.