JRL 11.8% $3.13 jindalee resources limited

Today's Qtly Report page 5 another copy & paste trumpeting LD's...

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    Today's Qtly Report page 5  another copy & paste trumpeting LD's perennial "primary focus "to leverage into new opportunities...potential to transform the Company...". Nothing positive on the horizon except the liquidation sought for 31 October 2017. Meanwhile, as for the past 8 years, the assets per share continue to whittle away.

    Extract page 5:
    "CORPORATE
    At 30 June 2017, Jindalee held cash and marketable securities worth approximately $5.4M. These
    assets, combined with our tight capital structure (34.9M shares on issue), provide a strong base for
    leverage into new opportunities, with identification and acquisition of projects with the potential to​
    transform the Company continuing to be our ongoing primary focus."
 
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Currently unlisted public company.

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