JLL 2.08% 23.5¢ jindalee lithium limited

Ann: McDermitt delivers multiple near-surface Lithium intercepts, page-36

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  1. 1,487 Posts.
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    The main difference between JRL and AZL at present (imho, other than JRL being the better project by a very significant margin) is the level of retail baggy interest in AZL. It is being pumped on every social media stock discussion page. Its highly liquid and has a lot of SOI (2B) on issue. I think also the renaming from Hawkstone to Arizona Lithium generated more interest than it probably should have.

    I don't think JRL will see McDermitt into production. Its not their style, but I fully expect them to capitalise on the project and reward shareholders. Lindsay isn't going to let this go for nicks.

    We have quality ground at Widgiemootha and a decent nickel hit on the prospects could send JRL significantly higher. I'd suspect if this occurs, this project will be spun out into a newco.

 
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