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Walkabout Resources director updates on East Africa's highest grade graphite project

Walkabout Resources Ltd (ASX:WKT) executive director Allan Mulligan speaks to Proactive Investors about the upgrade in ore reserves at the Lindi Jumbo Graphite Project, which is located in Tanzania and is the highest grade graphite project in East Africa.

Walkabout is targeting production of 40,000 tonnes per annum as the optimum rate in terms of risk profile for a premium product, with optionality to upscale production under the right market conditions.

Quick facts: Walkabout Resources Ltd

Price: 0.26 AUD

ASX:WKT
Market: ASX
Market Cap: $82.4 m
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Walkabout Resources' updated DFS designed to reduce start up risks for Lindi...

Walkabout Resources Ltd (ASX:WKT) executive director Allan Mulligan talks Proactive Investors through the enhanced outcomes of an updated Definitive Feasibility Study (DFS) for the Lindi Jumo Graphite Project in Tanzania. Mulligan explains that capital costs have been reduced, and that...

on 12/3/19

2 min read