JLL 3.77% 27.5¢ jindalee lithium limited

Ann: Jindalee Advances US Government Funding for McDermitt, page-34

  1. 61 Posts.
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    Me too - I still think this will turn out ok.. there are a lot of +s despite where we are at. The chairman still holds a huge holding, there is clearly a large resource worth hundreds of millions if not billions, we have some applications in for funding from the government, there are some good partnerships such as with POSCO - which could turn out trumps and we have a chairman with a history for strategically manduvering in challenging times and a PFS due... the challenge is the people wanting to get out, who are probably large holders, who make a capital raise difficult without some dilution and a smashing of the share price. Would be nice if there was an update soon with some positive news on these fronts, ideally a jv that provides some funding security perhaps linked with options for future conversion or something that wont send the share price to 20 cents....not the time to double down on this one yet though
 
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