WKT 5.00% 10.5¢ walkabout resources ltd

Absolutely sirrobbo, WKT is the only graphite company in...

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    Absolutely sirrobbo, WKT is the only graphite company in Tanzania that has navigated its way through the new legislation bought in by the government and worked within the governments goals to ensure the people of Tanzania get their fair share of the success of mining operations in their country. It hasn’t been easy as we can see other hopefuls are yet to achieve any type of funding to get started on construction of their mining projects. They are yet to realise the dilution that is also needed to secure these debt funds if they even qualify as a viable project by lenders.
    WKT has successfully processed in spec product and made sales to various end users. The details are yet to be made public but we should see some of this information released by the company in the coming month or 2. I believe the company is 3 months into their 4 month ramp up stage so I expect we will get this information in the next month.
 
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