Articles On Walkabout Resources (ASX:WKT)

TNR Engineering has been awarded the contract to provide bulk earthworks and civil engineering works at the mine.

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel and vanadium.   Only four battery gigafactories — super-sized producers of lithium-ion battery cells — were being planned in 20...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The fresh equity is set to unlock a key funding package and support Walkabout as it works to move its flagship Tanzanian graphite project into production.

The fresh equity will unlock a key funding package and support Walkabout as it works to move its flagship Tanzanian graphite project into production.

Walkabout Resources has agreed to place up to US$10 million worth of shares to US institution Battery Metals Capital Group. An initial placement will ...

The total US$12 million companion equity required to access the US$20 million project loan funding from CRDB Bank has been secured and construction of the Lindi Jumbo Project is fully funded to production.

The total US$12 million companion equity required to access the US$20 million project loan funding from CRDB Bank has been secured and the construction of the Lindi Jumbo Project is fully funded to production. 

The company has also extended the closing date of its entitlement offer to July 5, 2021, to allow sufficient time for shareholders to take up their rights in light of this additional information.

Our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   The structural shift from fossil fuels to green energy is all but locked in. Now t...

Combined, the company has an exploration potential range of 72 to 172 million tonnes at a grade of 8-15% TGC, excluding the current JORC mineral resource at the Gilbert Arc deposit of 41.8 million tonnes at 10.8% TGC.

Our summary of Walkabout Resources Ltd's recent announcement uu "

The price difference between electric vehicles and their conventional petrol/diesel peers – a key obstacle to widespread EV adoption – is closing at an accelerated rate. Affordability = more EVs on the roads = more demand for battery metals...

The Lindi Jumbo Project and acceptance into ERMA further aligns the company’s strategy to become a globally significant source of responsibly sourced natural graphite.

This week’s Hot Money is more or less brought to you by the good folks at Mindax (ASX:MDX), with a nice cameo from Australia’s only listed football team. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relati...

Graphite developer Walkabout Resources has raised $6.4 million in the first tranche of a staged placement to advance construction of the Lindi Jumbo ...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

The company received firm commitments led by institutional investors in Australia in Stage 1 of its Companion Equity process.

Google April 2021 and the first things you’ll find isn’t ASX winners but questions about COVID-19. Just another month in the pandemic, right? Well, yes and no. On one hand the vaccine race continues across the world – far slower than we’d l...

Graphite play Walkabout Resources is on the hunt for some fresh equity to ramp up development activities at its flagship mining project in Tanzania. 

The company has made changes to the board and senior management as part of its strategy to position itself for the next phase of development and operations at its Lindi Jumbo Graphite Project in Tanzania.

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium. With some 85 per cent of the world’s cobalt originating from jurisdictions with higher levels of co...

Walkabout Resources Ltd (ASX: WKT) shares are tanking 12% in midday trade after the company announced some changes to its senior management team. After opening today’s session at 37.5 cents, the Walkabout share price is currently trading a...

The company has secured debt funding for its Tanzanian graphite project and is restructuring to best position itself for the next phase of development.

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Source:Vladimir Nenezic, Shutterstock   Summary Galaxy Resources (ASX:GXY) on Wednesday said that it had raised resource estimates at its Sal de Vida project. The lift in estimates following new wellfield drilling in the east sub-bas...

Source:whiteMocca, Shutterstock Summary As stock market rebounds, tech sector provides an attractive option to investors. The sector includes several companies with potential to give high returns over the next decade. Afterpay Ltd an...

Source: Sunshine Seeds, Shutterstock Summary Walkabout Resources (ASX: WKT) has secured a debt funding facility from a Tanzanian bank. The interim debt facility is a major milestone in the construction of fully owned Lindi graphite mi...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

The total cost of the project is estimated to be around US$32 million, and the debt facility will meet 62.5% of the project cost.

The Walkabout Resources (ASX: WKT) share price is shooting up today after the company announced a US$20 million project debt facility. The debt facility secured with CRDB Bank of Tanzania was the final step needed before beginning construc...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

After six trading days in a row in the green, the ASX finished lower today. The ASX 200 lost 0.30 per cent closing at 6,974 points while the ASX Emerging Companies Index lost 1.08 per cent – closing at 2,070. The best sectors were health an...

Small caps have gained for a sixth straight day, even as their larger peers declined. The Small Ordinaries index of Australia’s 101st to 300th biggest companies finished the week up 6.7 points, or 0.2 per cent, to a fresh 13-year high of 3,...

Source: sitthiphong, Shutterstock The bulls have lost momentum today after a good couple of back to back gaining trading days. The benchmark index ASX 200 traded lower today. By lunchtime, it lost 28.20 points and traded at 6970.60, a decl...

Active restocking by battery manufacturers has sent prices of battery-grade lithium chemicals soaring thanks to tight supplies. Fastmarkets noted that domestic Chinese lithium hydroxide prices climbed 4.1 per cent in a week to between 73,00...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths and vanadium.   Fun fact: There have been a dozen +11-bagger ASX battery metal stocks over the past 12 months. The...

While the facility term sheet has several conditions precedent before it becomes binding, the company notes that this term sheet has already received initial bank approval.

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.