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Jindalee Lithium’s Cash Flow Challenges
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Jindalee Lithium’s Cash Flow Challenges

Jindalee Resources Limited (AU:JLL) has released an update.

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Jindalee Lithium Limited reported a decrease in cash reserves in their latest quarterly cash flow report, with significant investment in exploration and evaluation activities. The company experienced a net decrease in cash despite an increase in funds from financing activities, mainly through equity securities, which did not fully offset the cash used in operations and investments.

For further insights into AU:JLL stock, check out TipRanks’ Stock Analysis page.

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