Jindalee Resources Limited (ASX: JRL)
Full Report available atJindalee’s major asset is the McDermitt Lithium project in the USA. McDermitt’s lithium is contained in clays at surface, so is in a different class compared to the hard rock spodumene or pumping based brine deposits. This class is relatively new, as yet not in production, and likely capable of being very large and long life. Jindalee has a long history as a project generator, and being cautious with capital. It has a number of projects in a variety of commodities with potential to add shareholder value.
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