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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 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -3.31K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -4.48M | -4.62M | -3.26M | -1.16M | -425.57K |
| Net Income | -5.41M | -4.69M | -2.58M | -1.45M | -504.30K |
Balance Sheet | |||||
| Total Assets | 24.51M | 20.42M | 18.39M | 18.88M | 17.81M |
| Cash, Cash Equivalents and Short-Term Investments | 3.98M | 298.20K | 2.24M | 8.69M | 10.38M |
| Total Debt | 0.00 | 0.00 | 58.99K | 0.00 | 74.79K |
| Total Liabilities | 3.86M | 1.66M | 570.25K | 607.78K | 201.32K |
| Stockholders Equity | 20.64M | 18.76M | 24.38M | 18.27M | 17.61M |
Cash Flow | |||||
| Free Cash Flow | -2.92M | -6.62M | -1.26M | -4.90M | -2.71M |
| Operating Cash Flow | -2.91M | 0.00 | -902.01K | 0.00 | 0.00 |
| Investing Cash Flow | -699.84K | -3.59M | -5.48M | -2.53M | -1.75M |
| Financing Cash Flow | 7.29M | 3.96M | -60.92K | 1.65M | 11.68M |
Jindalee Resources Limited Peers Comparison
Jindalee Resources Limited Corporate Events
Jindalee’s HiTech Minerals unit signed a Letter of Understanding with the Oregon Building Trades Unions to pave the way for a Project Labour Agreement using union labor for the McDermitt lithium project, aligning the development with statewide skilled trade resources as it advances toward construction. The agreement underpins workforce planning for a project expected to deliver substantial long-term construction and operational jobs, signaling strengthened regional support and a clearer path to securing the labor needed to bring the large-scale lithium asset into production.
The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.60 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 a change in director Lindsay George Dudfield’s interests, with his pension fund exercising 32,083 listed $0.60 options expiring 30 June 2027 to acquire an equivalent number of fully paid ordinary shares for a total consideration of $19,249.80. Following the transaction, Dudfield’s indirect holding via the pension fund increased to 16,577,270 fully paid ordinary shares and decreased to 1,070,922 of the listed $0.60 options, while his direct holdings in shares and various listed and unlisted options remain unchanged, signaling a modest shift from derivative exposure to equity that may be viewed as incremental alignment of the director’s interests with long-term shareholders.
The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.69 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 notified the market of the cessation of 125,000 JLLAO options, which expired unexercised on 25 January 2026. The expiry of these $5.00 options marginally reduces the company’s potential future dilution from this class of securities, simplifying its capital structure without affecting the current issued share capital, and signals that the prevailing share price may not have justified option conversion at this strike level.
The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.70 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 applied to the ASX for quotation of 32,090 new fully paid ordinary shares, issued on 28 January 2026 following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted capital slightly broadens the company’s shareholder base and reflects the take-up of equity-linked instruments, signalling continued investor participation in the company’s lithium-focused growth strategy.
The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.70 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 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.