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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 Lithium Limited has issued 17,173 fully paid ordinary shares and 200,000 quoted options following the exercise of vested performance rights and options under its Employee Securities Incentive Plan. The new securities form part of existing ASX-quoted classes, and the issuance was conducted without a prospectus under the Corporations Act, with the company confirming ongoing compliance with financial reporting and continuous disclosure obligations and stating there is no undisclosed price-sensitive information.
The move modestly increases Jindalee’s equity base while reinforcing its use of equity-linked incentives to attract and retain key personnel in a competitive lithium sector. By lodging the required cleansing notice and indicating the absence of excluded information, the company aims to facilitate secondary trading of these securities and provide assurance to investors about regulatory compliance and transparency.
The most recent analyst rating on (AU:JLL) stock is a Sell with a A$0.38 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 for quotation on the ASX of 200,000 new options, with the code JLLO, expiring on 30 November 2028 and issued on 20 March 2026. The options have been issued under an employee incentive scheme, indicating the company is using equity-based rewards to attract, retain, and align staff with long-term shareholder value and project development outcomes.
The listing of these employee incentive options slightly increases the pool of quoted securities and may modestly dilute existing holders if exercised, but it also underscores management’s focus on incentivising performance in a competitive lithium industry. For stakeholders, the move signals ongoing corporate activity and a commitment to maintaining talent as Jindalee advances its lithium strategy and positions itself within the booming battery materials market.
The most recent analyst rating on (AU:JLL) stock is a Sell with a A$0.38 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 issued 1,805,406 unquoted options exercisable at A$0.825, with a four-year term from the date of issue on March 19, 2026. The options were granted under an employee incentive scheme and are not intended to be quoted on the ASX, indicating the company’s use of equity-based remuneration to align staff incentives with long-term shareholder value and project development goals.
The most recent analyst rating on (AU:JLL) stock is a Sell with a A$0.38 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 for quotation on the ASX of 17,173 new fully paid ordinary shares under the code JLL. The new securities, issued on 19 March 2026 following the exercise or conversion of existing instruments, modestly increase the company’s listed capital base and reflect ongoing shareholder participation in its lithium-focused growth strategy.
The most recent analyst rating on (AU:JLL) stock is a Sell with a A$0.38 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 released its interim financial report for the half-year ended 31 December 2025, outlining the company’s financial performance, position, and cash flows over the period. The report includes the directors’ commentary, reviewed financial statements, and an independent auditor’s review, providing investors and stakeholders with updated transparency on the company’s operations and financial health.
The interim disclosure helps the market assess Jindalee Lithium’s ongoing progress and capital position as it advances its lithium projects in a competitive and fast-evolving sector. These filings are a routine but important element of regulatory compliance and can influence investor sentiment, particularly given the capital-intensive nature of mineral exploration and development.
The most recent analyst rating on (AU:JLL) stock is a Sell with a A$0.48 price target. To see the full list of analyst forecasts on Jindalee Resources Limited stock, see the AU:JLL Stock Forecast page.
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.