Articles On Walkabout Resources (ASX:WKT)

Seven high-priority gold anomalies coincident with structures and geological contacts have been flagged for immediate follow-up and additional artisanal diggings for alluvial gold have been identified up to 10 kilometres outside of historic...

The company is also focused on the exploration and development of its highly prospective suite of base metal and gold tenements in Scotland and Northern Ireland.

“Trevor’s contribution to funding the company and the project has been significant and the board thanks him for his efforts,” says chairman Allan Mulligan.

Earlier this month, Walkabout secured exploration tenure over a highly prospective, underexplored gold region in southwest Tanzania.

The company will continue to advance the Scottish prospects into what it believes could be valuable exploration projects in their own right.

Walkabout considers this project to be a valuable addition to its diverse mineral exploration portfolio in Africa and the UK.

The company is focused on meeting loan security requirements to progress negotiations with an African development bank.

Plans are well advanced to begin drilling and following the successful ground geophysical program, further ground geophysics and close-spaced soil sampling is planned along strike of the original target area.

The company has been negotiating with a preferred African based bank in regard to securing a binding term sheet.

The Barrick-Tanzania deal sets a new government-endorsed standard and establishes a workable model for foreign direct investment in mining in the East African country.

Options that expired 31 December 2019 have been exercised providing a cash injection for the company.

Beside nickel – which is up more than 20 per cent over 2019 – battery metals like lithium, cobalt and graphite have struggled for traction this year. Globally, producers have seen billions of dollars collectively wiped from their market cap...

Redbubble (ASX:RBL) shares had been on a solid run for the last four months, nearly hitting $2. One of the major catalysts was a positive September quarter. But the stock was sent crashing back to earth this morning with news this quarter w...

The funding process has involved management presentations to global investors and subsequent due diligence.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Non-executive director Michael Elliott’s participation in a placement has been approved by shareholders.

Each week our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, manganese and vanadium.   INDUSTRY FOCUS The evidence is mounting. For lithium prices — and accompanying sent...

TANZANIA-focused graphite hopeful Walkabout Resources is seeking to tap global capital markets for US$40 million in the form of a loan note issue, ...

Walkabout aims to raise the capital through the issue of secured five-year loan notes, which will pay the holders quarterly interest.

The shareholder funding package could also bring in $9 million of funding from the exercise of options.

Walkabout Resources has questioned the accuracy of reports that spot prices for all graphite flake sizes in China have experienced a “sudden and material decrease”. China is the world’s largest consumer and producer of natural graphite. The...

Due diligence activities related to project funding are nearing completion.

No, its not photoshopped. This ratfish was caught in deep water in northern Norway. It’s no blue whale, but its got enormous eyes to help it see in the darkness below. It may look scary but it is completely harmless — it feeds mainly on cra...

Each week our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, manganese and vanadium.   INDUSTRY FOCUS “The capacity of conventional lithium-ion batteries has been develop...

Special Report: Besides having some potentially lucrative iron ore projects, Strike Resources also has a lithium project that could rival Orocobre’s Salar de Olaroz mine in Argentina. Strike’s (ASX:SRK) project is located in the heart of S...

Galena Mining (ASX:G1A) has hit high grades of up to 24 per cent lead at its Abra project in Western Australia, but has also unearthed its highest grade of silver ever of 457 grams per tonne (g/t). Over 10 per cent lead is generally conside...

In the recent events, Silver outperformed Gold in the international market and the prices breached the psychological level of USD 17.0. While the gold prices are encashing the leverage of global uncertainties, silver prices are riding high...

Fortescue Metals Group, Mount Gibson Iron and Silver Lake Resources are the three companies to experience the largest market capitalisation growth in the 2019 financial year, according to the Deloitte Western Australian Index. Gold miner Si...

Money Talks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to see what’s hot, their top picks and what they’re looking out for. Today, we hear from Gavin Wendt,...

ShareCafeWalkabout Moves Closer To Funding For Lindi Jumbo Project Walkabout Resources – (ASX: WKT, Share Price: $0.39, Market Cap: $123m, coverage initiated @ $0.12 in April 2016 – current gain of 225%) Key Catalyst Work advancing on secu...

Funding options are being negotiated with related due diligence reviews already underway.

This week I took a look at the 10 best-performing large cap and mid cap shares so far in 2019. Out of the large caps only two had managed to double in 2019 including Magellan Financial Group Ltd (ASX: MFG) and Fortescue Metals Group Limite...

Each week our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, manganese and vanadium. INDUSTRY FOCUS Lithium plays are in vogue with investors We know that small cap resou...