No need for trading halt, let the resource do the talking, then bring on the trading halt for JV, placement to sophs, SPP, I'm sure management have this under control moving forward if achievements from past 18 months are any indication.
"Walkabout Resources Ltd is pleased to report its activities in Botswana & Tanzania for the December 2015 quarter." & so they should be pleased, what a company defining quarter it was. Lindi takeaways :-} "This resource contains a high grade, shallow and accessible core that will assist in providing significant financial and technical benefits to the Project. Walkabout intends to fast-track the project development at Lindi Jumbo to develop a high quality flake graphite mining operation producing between 25,000 and 40,000 tonnes of graphite concentrate annually. "
this we knew, thanks to regular clear progress reports& updates from management over the past 18 months
"Contact has been initiated with several graphite processing companies and early discussions regarding marketing and test-work have commenced. The Company is constantly engaging with potential development partners to secure project financing and/or product off-take and mitigate potential market risk. "
this we thought should be happening & the announcement released today contains a clear path to production and profit, consistent with previous company expectations, imo. Looking ahead, yes there will be a "CR" because that's what it takes for the company to be able to profit from the opportunity this resource demands. Whatever shape or form that takes @6m market cap & 0.003c you'd be better off buying a lotto ticket wouldn't you? Ask MNS holders the same q? a few years ago & see what they reckon.
in the meantime WKT 's planned activities for the current Quarter seems to demonstrate their capabilities at getting the job done and not over hyping their achievement thus far. btw in case you were wondering, "The Company currently has a 70% earn-in interest over four contiguous exploration licences in the area for a total exploration area of approximately 325 km2 ", sorted.
---------------!!congratulations!!loyalty rewarded?-------------------
Andrew Cunningham – Non Executive Director
Andrew has a BSc Hons in Geology from the University of Stellenbosch in South Africa and is a member of the Australian Institute of Geosciences. During the last 15 years he has managed all facets of exploration and development projects in Africa from project generation to the completion of feasibility studies. He has held senior geology and exploration positions with major international mining companies as well as various ASX and TSX listed companies. Andrew commenced with Walkabout Resources since 2013 and brings a wide range of experience in exploration, resource development, mine geology and management, to the company. He has extensive cross discipline technical and management experience in the minerals industry predominantly in Africa and Australia.
& finally,
although nobody probably cares at this point, but it is nice that we are still in the good books of the Botswanian govt in Takatokwane - remember, the Company has already published a JORC Inferred Resource of some 6.9 billion tonnes of thermal coal there.
"The economic viability of the project requires the construction of a rail line currently under investigation by the Governments of Botswana and Namibia " The Company has secured a 2 year extension on its licences from the Botswana Government ensuring this remains a key asset regardless of current market conditions.
great job Management
gltah
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Last
9.9¢ |
Change
-0.006(5.71%) |
Mkt cap ! $66.45M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 9.9¢ | $43.69K | 430.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6910 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 344929 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6910 | 0.099 |
3 | 133194 | 0.098 |
2 | 25876 | 0.096 |
3 | 23528 | 0.095 |
1 | 15000 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 335000 | 3 |
0.110 | 263578 | 6 |
0.115 | 160300 | 3 |
0.120 | 299902 | 6 |
0.125 | 355166 | 6 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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