Walkabout Resources Limited (ASX:WKT) is primarily an African focused energy minerals developer, based in Western Australia and listed on the Australia Securities Exchange under stock code WKT. The Company strives to create shareholder growth through the discovery and development of products such as graphite, gold, base metals and lithium.
The Companies’ flagship project is the Lindi Jumbo Graphite Project located in south east Tanzania. Walkabout has completed a Definitive Feasibility Study and started with the construction through the preparatory earthworks on site in Tanzania and the procurement and manufacturing of selected processing plant equipment. The Company has secured a US$20 million Project Finance Facility and is currently raising the necessary companion equity of US$12 million to fast track the final development and to be in production during the first quarter of 2022.
The Company is also exploring for gold and base metals in Northern Ireland and Scotland, and Lithium in southern Namibia.