Welcome to Jindalee Resources Limited
Jindalee Resources Limited (“Jindalee“) is a public company with the primary objective of creating wealth for shareholders through the discovery of world-class mineral deposits.
Jindalee’s strategy to identify and acquire projects with the potential to transform the Company continues to be the primary focus. The strategic land packages acquired at Widgiemooltha and McDermitt (US) are examples of larger scale undertakings where Jindalee is investing substantial effort with the goal of creating significant value. A particular focus at present is the McDermitt project which available data suggests has the potential to become one of the largest lithium deposits in the US.
Jindalee has a track record of rewarding shareholders through priority entitlements to new listings (including Energy Metals, Alchemy Resources and Anchor Resources) and in July 2010 a fully franked special dividend of $0.55 was paid to eligible shareholders.
At 30 September 2019 Jindalee had only 38.5M shares on issue and held liquid assets (cash and shares) worth approximately $3.2M. These assets, combined with our tight capital structure, provide a strong base for leverage into new opportunities.
Jindalee is listed on the Australian Stock Exchange – code JRL.