Mr Pip Darvall is a geologist with a background in exploring for a range of commodities in Australia and overseas, and extensive management experience in several industries. Prior to joining Jindalee in 2017 he ran his own consultancy company specialising in resource project evaluation and management, and as Exploration and Resource Geology Manager drove a rapid growth in Atlas Iron’s resource base over 5 years from 2010 to 2014. Pip is a member of the AusIMM, Australian Institute of Geoscientists and the Society of Economic Geologists.
Jindalee Resources Limited (ASX: JRL) is a West Australian based exploration company with direct and indirect exposure to gold, base and strategic metals, iron ore, uranium and magnesite through projects generated by the Company’s technical team. Jindalee listed in 2002 and has a track record of rewarding shareholders via priority entitlements to several successful IPO’s and payment of a special dividend, without ever having to go back to shareholders to raise capital. Jindalee’s strategy is to acquire prospective ground cheaply, add value through low cost exploration and, where justified, either introduce partners to assist in funding further progress, or fund this activity via a dedicated company in which Jindalee retains a significant interest. At 30 September 2018 Jindalee held cash and listed securities worth $4.5M, combining with the Company’s tight capital structure to provide a strong base for leverage into new opportunities, and the opportunity for significant value creation for shareholders.