JLL 2.08% 23.5¢ jindalee lithium limited

Ann: Positive Preliminary Scoping Study, page-11

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  1. Obi
    943 Posts.
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    Scoping studies are a necessary part of the process. We need information on resource and process to sell to any suitor or partner.

    The news is positive despite the sell down. Some expected more than they revealed.

    "Study confirms potential to produce high quality lithium carbonate, supplying US battery makers for decades"

    "Preliminary Scoping Study completed on the McDermitt Lithium Project with results indicating positive operational and economic outcomes"

    With only an inferred and indicated resource, I don't think they can release full metrics.
 
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