Parabolic move ahead

2021年1月18日

Potential for a parabolic move ahead for JRL

Located near the Tesla Gigafactory the Mcdermitt minesite sample results are expected in late January.

Tesla has recognised the potential of sediment-hosted lithium deposits, such as Jindalee’s 100%-owned McDermitt project in Oregon

If the release of the Mcdermitt's samples return positive it is likely we could see a parabolic move ahead.
JRL has relatively low volume right now (69k Average) and with a paper thin orderbook it is in a good position to break out.
The company is debt free and yearly income is on the right path to become positive.

Here are my price targets

2.08
4.13
6.60

2021年2月2日

註釋

First Target Reached
2.08 ✓