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Walkabout has a graphite project in Tanzania.

Walkabout in $10m raising

Junior explorer Walkabout Resources will tap investors for up to $10 million through a placement and rights issue as the company continues exploration at its African projects.

The placement will raise $3.4 million through the issue of 33 million shares at 10.1 cents each and the company received interest from institutional and sophisticated investors.

For every four shares there is one option exercisable at 15 cents on or before December 31 2019.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/17

1 year TSR5 year TSR
82ndImage Resources184%-5%
106thWalkabout Resources136%-8%
202ndBirimian56%57%
775thInca Minerals-62%-22%
727 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

27/10/17
$0 Other
27/10/17
$0 Other
27/10/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

341st↑Inca Minerals$6k
342nd↑Walkabout Resources$6k
344th↑Birimian$6k
345th↓Image Resources$5k
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Walkabout Resources

666thAllan Mulligan$212k
Ranked by total remuneration from all listed WA companies

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