Tuesday, 14 May 2024
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Walkabout Resources Nears Production Milestone – TipRanks Financial Blog

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Walkabout Resources Ltd. (AU:WKT) has released an update.

Walkabout Resources Ltd has made significant advances at its Lindi Jumbo Graphite Mine, with the completion of major commissioning steps, including connecting to grid power and receiving necessary approvals for operations. The company’s exemplary safety record continues as it approaches the transition from development to production. Additionally, all funds under the company’s US$20 million senior debt facility have been fully drawn, with an optional US$5 million standby facility available until September 2024.

For further insights into AU:WKT stock, check out TipRanks’ Stock Analysis page.

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