Walkabout Resources

Website: www.wkt.com.au
Primary ticker: ASX:WKT
Stage of development: Exploration, Development
Primary minerals: Graphite, Lithium, Gold, Copper, Cobalt
Project to promote: Lindi Jumbo Graphite Project

Live financials

Walkabout is fast-tracking the development of the high-grade Lindi Jumbo Project to take advantage of forecast market conditions for Flake Graphite deposits with high ratios of Large and Jumbo flakes. The Company is now the holder of a Mining Licence over 100% of the Lindi Jumbo Project and 70% of a Prospecting Licence over highly prospective graphite potential adjacent to the Mining Licence area.
In addition to the Lindi Jumbo Graphite Project, Walkabout is also exploring for lithium in southern Namibia at the Eureka Lithium Project with known lithium occurrences and 90 linear kilometres of mapped pegmatites targeted for exploration.
The Company is also engaged in highly prospective gold and base metals in Northern Ireland and Scotland.

Management Profile

Trevor Benson – Executive Chairman

Allan Mulligan – Executive Director

Andrew Cunningham – Non-executive Director

Tom Murrell – Non-executive Director

What is your rationale for attending 121 Mining Investment?

To attract potential new investors and financing options from within the European professional market.
Looking to meet professional investors and strategic partners and corporations.
Yes we are seeking funding for our Graphite Development Project
New exciting developments include the acquisition of exploration licences in Northern Ireland and Scotland

What recent news would you like to highlight to investors attending?

• Mining Licence in Tanzania awarded
• Moving towards development of the Lindi Graphite project
• Resource upgrade drilling completed at Lindi
• Further exploration campaigns being developed

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Development Funding for Graphite Project Upgrade to Resource Results from Namibia

6 Months:

Development of Lindi well underway

12 Months:

Production from Lindi and commissioning

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Demand and pricing for graphite to remain very strong.
Fast tracking development immediately.

In a sentence, what do you think makes your company such a compelling investment?

Outstanding graphite project:
Low capex
Low opex
High grade
Large flake distribution
Strong team