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Jindalee Resources Limited
(Sydney:JLL)
Jindalee Resources Limited (JLL) vs. iShares MSCI Australia ETF (EWA)
Jindalee Resources Limited Business Overview & Revenue Model
Jindalee Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -3.31K | -3.31K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -4.48M | -4.48M | -4.62M | -3.26M | -1.16M | -425.57K |
| Net Income | -5.41M | -5.41M | -4.69M | -2.58M | -1.45M | -504.30K |
Balance Sheet | ||||||
| Total Assets | 24.51M | 24.51M | 20.42M | 18.39M | 18.88M | 17.81M |
| Cash, Cash Equivalents and Short-Term Investments | 3.98M | 3.98M | 298.20K | 2.24M | 8.69M | 10.38M |
| Total Debt | 0.00 | 0.00 | 0.00 | 58.99K | 0.00 | 74.79K |
| Total Liabilities | 3.86M | 3.86M | 1.66M | 570.25K | 607.78K | 201.32K |
| Stockholders Equity | 20.64M | 20.64M | 18.76M | 24.38M | 18.27M | 17.61M |
Cash Flow | ||||||
| Free Cash Flow | -2.92M | -2.92M | -6.62M | -1.26M | -4.90M | -2.71M |
| Operating Cash Flow | -2.91M | -2.91M | 0.00 | -902.01K | 0.00 | 0.00 |
| Investing Cash Flow | -699.84K | -699.84K | -3.59M | -5.48M | -2.53M | -1.75M |
| Financing Cash Flow | 7.29M | 7.29M | 3.96M | -60.92K | 1.65M | 11.68M |
Jindalee Resources Limited Peers Comparison
Jindalee Resources Limited Corporate Events
Jindalee Lithium Limited reported its quarterly cash flow for the period ended 31 December 2025, highlighting continued investment in exploration and evaluation activities alongside higher corporate and staff costs typical of an early-stage explorer without production revenue. The company recorded net operating cash outflows of A$1.46 million and investing outflows of A$2.44 million for the quarter, largely driven by A$2.43 million spent on exploration, but strengthened its balance sheet through A$8.93 million raised from equity issues and A$0.75 million from option exercises, partially offset by a A$1.36 million repayment of a convertible note; as a result, cash and cash equivalents rose from A$2.10 million to A$6.52 million, improving funding capacity for ongoing exploration programs and providing greater financial runway for shareholders and project development.
The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.80 price target. To see the full list of analyst forecasts on Jindalee Resources Limited stock, see the AU:JLL Stock Forecast page.
Jindalee Lithium has secured US federal approval of its Exploration Plan of Operations for the McDermitt Lithium Project from the Bureau of Land Management, a key permitting milestone that will allow the company to significantly expand on-site work, including extensive infill drilling, geotechnical studies and metallurgical testwork feeding into a full feasibility study. The company’s recent core drilling program at McDermitt returned broad, shallow lithium and magnesium intercepts that correlate well with historic reverse circulation drilling, supporting the robustness of the resource and informing the optimal drilling strategy for future campaigns; meanwhile, Jindalee has strengthened its corporate position by extending an exclusivity period for a potential SPAC transaction to list McDermitt on a US exchange at a US$500 million valuation, completing equity raisings totalling $9.5 million, and repurchasing all remaining convertible notes to become debt-free.
The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.80 price target. To see the full list of analyst forecasts on Jindalee Resources Limited stock, see the AU:JLL Stock Forecast page.
Jindalee Lithium Limited has reported strong assay results from a 2025 large-diameter core drilling program at its McDermitt Lithium Project in the US, with all five holes delivering significant near-surface lithium and magnesium intercepts. Three of the new core holes successfully twinned earlier reverse circulation holes, showing good correlation and providing confidence in previous drilling data, while the high-quality core will be used for metallurgical testwork to optimise lithium recoveries and assess the potential for magnesium by-products, a combination that could materially enhance project economics and inform future drilling strategies.
The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.88 price target. To see the full list of analyst forecasts on Jindalee Resources Limited stock, see the AU:JLL Stock Forecast page.
Jindalee Lithium Limited has announced significant progress in its plans to list its McDermitt Lithium Project, located in the United States, on a U.S. national securities exchange. The company aims to complete the merger of its subsidiary, HiTech Minerals Inc., with Constellation Acquisition Corp. I, forming a new entity named US Elemental, which will drive the project forward. This move reflects Jindalee’s strategic intention to align with the growing demand for lithium to support the renewable energy and electric vehicle market, further solidifying its presence in the U.S. critical minerals sector.
Jindalee Lithium Limited has announced a change in its director’s interest holdings, following the acquisition of additional shares and options by director Darren Wates through a recent placement approved at the annual general meeting. This development underscores the company’s commitment to aligning its leadership’s interests with long-term shareholder value, potentially strengthening investor confidence in its strategic outlook.
Jindalee Lithium Limited announced the issuance of 263,255 performance rights as unquoted securities, effective December 17, 2025. This move is part of a previously disclosed transaction and reflects the company’s operational strategies to incentivize performance while supporting its growth objectives in the lithium sector, which remains critical for energy transitions.
Jindalee Lithium Limited has issued 218,184 fully paid ordinary shares following shareholder approval, in compliance with regulatory provisions. This development supports the company’s growth strategy and aligns with its ongoing efforts to strengthen its market presence and operational capabilities in the lithium sector.
Jindalee Lithium Limited announced the approval for quotation of 218,184 ordinary fully paid securities and the same number of options set to expire on 30-Nov-2028. This development highlights the company’s efforts to enhance its capital structure to support growth in lithium production, aligning with increasing global demand for batteries and clean energy technologies.
Jindalee Lithium Limited operates in the lithium exploration and development industry, focusing on lithium resources and supplying battery and energy storage markets.
The company has applied for ASX quotation of 14,327,262 options issued on 16 December 2025 that expire on 30 November 2028. The listing formalises securities issued under a previously announced transaction and affects the company’s capital structure: if exercised the options would provide potential future funding but could also dilute existing shareholders. The move is primarily administrative but important for investors tracking outstanding securities and potential future cash inflows or incentive arrangements tied to the options.
Jindalee Lithium Limited has appointed Tristan Garthe as Joint Company Secretary, effective immediately. Garthe, who joined as CFO in October 2025, brings over 20 years of financial leadership experience in the mining and resources sector. This appointment is expected to enhance Jindalee’s operational efficiency and strengthen its communication with the ASX, potentially impacting its market positioning positively.
Jindalee Lithium Limited has issued 2,027,026 fully paid ordinary shares following the exercise of options, as part of its securities quoted on the Australian Securities Exchange. This move signifies compliance with relevant sections of the Corporations Act 2001, ensuring transparency and adherence to regulatory requirements, potentially impacting the company’s market positioning and investor relations positively.
Jindalee Lithium Limited has announced the quotation of 2,027,026 ordinary fully paid securities on the ASX, effective December 12, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market position in the lithium sector, which could have implications for its stakeholders and industry standing.
Jindalee Lithium Limited has received approval from the US Bureau of Land Management for its Exploration Plan of Operations at the McDermitt Lithium Project, a significant lithium deposit in the US. This approval allows Jindalee to increase on-site activities, including infill drilling and further studies, which will contribute to the McDermitt Feasibility Study. The project is strategically important for the US as a source of lithium and potentially magnesium, and the approval marks a major milestone following extensive environmental and community consultations.
Jindalee Lithium Limited, a company listed on the ASX and OCTQX, held a General Meeting on December 10, 2025, where all resolutions were successfully passed by a poll. The meeting included the ratification of prior issues of placement shares and the approval of placement options and director placement securities, indicating strong shareholder support for the company’s strategic initiatives.
Jindalee Lithium Limited has requested a trading halt on its securities pending an announcement regarding the approval of its Exploration Plan of Operations. This move indicates a significant development in the company’s operations, potentially impacting its market positioning and stakeholder interests as it awaits regulatory approval.
Jindalee Resources Limited has released a holdings report detailing the distribution of its options, which are set to expire in 2028. The report highlights that a significant portion of these options is held by a small number of entities, with Bowden Minerals Pty Ltd holding the largest share at 11.22%. This concentration of holdings could impact the company’s market dynamics and influence stakeholder decisions, as it reflects the strategic interests of major investors in the company’s future performance.
Jindalee Lithium Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is set to issue 4,552,791 options expiring on November 30, 2028, with an exercise price of $0.825. This move could potentially enhance the company’s financial flexibility and market presence, providing stakeholders with additional opportunities for investment.
Jindalee Lithium Limited has successfully completed its 2025 drilling program at the McDermitt Lithium Project, which is crucial for optimizing lithium recoveries and exploring magnesium by-products. The company is also advancing its plans to list its subsidiary, HiTech Minerals Inc., on a US national exchange, having extended the exclusivity period with Constellation Acquisition Corp. I to finalize the Business Combination Agreement.
Jindalee Lithium Limited has announced the quotation of 2,720,065 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s capital structure, potentially strengthening its position in the lithium market and providing additional resources to further its exploration and development activities.
Jindalee Lithium Limited announced the successful completion of its Share Purchase Plan (SPP), raising $1.5 million, exceeding its initial target of $1 million due to strong demand. The funds will be used to advance the McDermitt Lithium Project, including exploration drilling and metallurgical testwork, and to support a proposed SPAC transaction in the United States. This oversubscription reflects shareholder confidence in Jindalee’s strategic importance and the potential of the McDermitt Project, further positioning the company as a key player in the lithium market.
Jindalee Lithium Limited announced the successful outcome of all resolutions presented at its 2025 Annual General Meeting. Key resolutions included the election and re-election of directors, approval of director performance rights, and the re-approval of the employee securities incentive plan. The approval of these resolutions is expected to strengthen the company’s governance and operational strategies, potentially enhancing its market position and stakeholder confidence.
Jindalee Lithium Limited announced the issuance of 408,402 unquoted performance rights as part of an employee incentive scheme. This move aims to align employee interests with company performance, potentially enhancing productivity and commitment in the context of the company’s strategic goals in the lithium market.
Jindalee Lithium Limited has announced the closure of its Share Purchase Plan (SPP) on November 20, 2025, aiming to raise up to $1 million. Eligible shareholders in Australia and New Zealand can apply for up to $30,000 worth of new shares at $0.55 each, with an additional option to subscribe for one attaching option per share, exercisable at $0.825 and expiring on November 30, 2028. This initiative is part of Jindalee’s strategy to advance its projects and strengthen its market position.
Jindalee Lithium Limited has announced a General Meeting scheduled for December 10, 2025, in Perth, Australia. The company is encouraging shareholders to vote by proxy, with instructions available online and through various other methods. This meeting is a significant event for stakeholders as it provides an opportunity to discuss the company’s future strategies and operations.
Jindalee Lithium Limited has announced a General Meeting for its shareholders to be held on December 10, 2025, in West Perth, Australia. The meeting will address key resolutions, including the ratification of the prior issue of placement shares and the approval of the issue of placement options. These resolutions are significant for the company’s capital management and strategic growth, potentially impacting its market positioning and shareholder value.
Jindalee Lithium Limited has initiated a large diameter core drilling program at its McDermitt Lithium Project in the U.S., marking the first such activity since the February 2023 Mineral Resource Estimate. This program aims to optimize lithium recoveries and explore the potential for magnesium by-products, with assay results anticipated in early Q1 2026. The drilling is expected to provide crucial geological and hydrological data, enhancing the project’s economic prospects and reinforcing Jindalee’s strategic position in the lithium market.
Jindalee Lithium Limited has repurchased convertible securities held by Mercer Street Global Opportunity Fund II, simplifying and strengthening its balance sheet. This move follows an oversubscribed $8M capital raising, which was partly supported by Mercer, enabling Jindalee to complete a Pre-Feasibility Study for the McDermitt Lithium Project, a significant lithium source for the U.S.
Jindalee Lithium Limited reported its quarterly cash flow, showing a net cash outflow from operating activities of $1,024,000 and from investing activities of $861,000. The report highlights ongoing investments in exploration and evaluation, reflecting the company’s commitment to advancing its lithium projects, which are vital for its strategic positioning in the growing lithium market.
Jindalee Resources Limited has announced significant progress in its McDermitt Lithium Project, with a Pre-Feasibility Study confirming a 63-year project life and potential for cost reductions through process optimization. The company has signed a Memorandum of Understanding with LiChem Operations to explore a patented refining process that could enhance the project’s sustainability by recovering valuable by-products. Additionally, Jindalee is actively engaging with the US Government for potential funding and has been designated as a Transparency Project under the FAST-41 initiative, highlighting the strategic importance of McDermitt in securing domestic critical mineral supply chains.
Jindalee Lithium Limited has announced the issuance of 1,469,090 unquoted options, exercisable at $0.825 and expiring on November 30, 2028. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX. The move reflects the company’s strategic efforts to strengthen its financial position and support its ongoing lithium exploration and development activities, potentially impacting its market standing and stakeholder interests.
Jindalee Lithium Limited has announced the issuance of 363,636 unquoted options, exercisable at $0.825 and expiring on November 30, 2028. This move is part of a previously announced transaction and reflects the company’s strategic efforts to enhance its financial flexibility and support its ongoing projects in the lithium sector.
Jindalee Lithium Limited has announced the quotation of 363,636 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of October 24, 2025. This move is part of previously announced transactions and may enhance the company’s liquidity and market presence, potentially impacting its operations and stakeholders positively by increasing access to capital.
Jindalee Lithium Limited has announced the quotation of 14,327,262 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 24, 2025. This move is part of a previously announced transaction and is expected to enhance the company’s capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
Jindalee Lithium Limited has successfully raised approximately A$8 million through the issuance of over 14 million fully paid ordinary shares at A$0.55 each. Additionally, the company has issued options to acquire shares to participants and joint lead managers of the placement, with further issuance pending shareholder approval in December 2025.
Jindalee Lithium Limited has announced a private placement and share purchase plan (SPP) to raise approximately A$8 million. The funds will be used to advance the McDermitt Lithium Project, repurchase convertible securities, and support a US SPAC transaction. The SPP offers eligible shareholders in Australia and New Zealand the opportunity to purchase additional shares without brokerage fees, with the aim of raising up to A$1 million. This initiative is expected to bolster the company’s financial position and facilitate its strategic projects.