WKT 2.33% 10.5¢ walkabout resources ltd

Ann: Oversubscribed Capital Raising, page-301

  1. 8,408 Posts.
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    Furniture "Back where it all began" If management are to be proven correct material news maybe imminent.A number of possibilities could be considered but the main trigger for a re-rate will be news of mining license.Everthing else is secondary to this right now although anything lithium sure does raise immediate interest."Mining license required"A lot of confidence will come from this triggering funding and development.According to a recent presentation the development with short build time with months of preparation towards achieving this objective.A noted sacrifice from Allan Mulligan to step down as CEO and head the development side from with-in Tanzania and be omongst it."Getting the knuckles dirty and taking off the shiny shirt"

    A noted take up of shares in Lou of income by management importantly demonstrated commitment.

    It is noticed that the new Tanzanian mining portal has been restored so hopefully news will start to flow...

    https://www.madini.go.tz/

    It has so far been a great year for Walkabout Resources in achievements but the real action will now come 2018 IMO.Looking forward to a great new year.The smaller high quality resource open in all directions now positioned to grow into known markets with certainty,capture market share and establish a quality name within the industry...An IRR of 86% and payback in under 22 months using ten year average low prices....Lowest cost per tonne to peers with small operation. $352 delivered to port..

    Croc
 
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