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6.78% 31.5¢ jindalee lithium limited

Yes 12 months fully fundedAs an option by July 2022McDermitt...

  1. Phoneix27
    1,557 Posts.
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    25/11/21
    07:18
    Post #: 57834531
    Yes 12 months fully funded

    As an option by July 2022

    McDermitt Infill completed, Met teats completed, Approvals underway/completed.

    Macro forces - Lithium Carbonate $US$40,000, Spod running at $2,000 plus/t

    Demand outstrips supply for EV

    Im not a bit interested in the WA exploration at this stage

    IF McDermitt economically viable than yep a US$500m price tag is very possible and realistic.

    I really don't think we will get crazy numbers for the deposit in terms of disposal like $1b ( would be great).

    ps Even US$350m is still around $450m AUS that is around $9/share
    JRL Price at posting: $2.59 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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