Walkabout Resources Ltd. (AU:WKT) has released an update.
Walkabout Resources Ltd. has confirmed that despite increasing requests for its Lindi Jumbo graphite, these inquiries do not impact the value of its securities since they aren’t binding contracts. The company assures investors that all current and forecasted production for the year is covered by existing sales orders, supported by a binding offtake agreement with Wogen Pacific. This agreement ensures the purchase of all exported graphite, reinforcing Walkabout’s stable financial outlook.
For further insights into AU:WKT stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- XIU, HXT: 2 Canadian ETFs with Large-Cap Exposure
- Class Action Lawsuit Against New Fortress Energy Inc. (NASDAQ:NFE)
- ‘Don’t Fall Into This Growth Trap,’ Says Investor About Amazon Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.