Walkabout Resources (ASX:WKT) September Sales Orders Update

Walkabout Resources Limited (ASX:WKT) has reported a significant increase in sales orders during September, with two sales orders totalling 800 tonnes received. More than 60% of the volume ordered is for coarse flake graphite, and the prices received are in line with previously announced sales prices. The Company's Managing Director and CEO, Andrew Cunningham, expressed confidence in meeting the current market demand for their product as they ramp up towards nameplate capacity and possible excess beyond that.

Executive Commentary on Sales Increase

Starting regular large volume sales is an important milestone and begins to cement Lindi Jumbo as a reliable producer of high-quality graphite concentrate in the minds of end customers. Lindi Jumbo remains fully exposed to market prices for its graphite products and therefore will benefit from the forecasted cyclical increase in prices in the coming years. We are confident of being able to meet current market demand for our product as we ramp-up towards nameplate capacity and possible excess beyond that.

Summary of Sales Orders Increase and Production Outlook

Walkabout Resources (ASX:WKT) has received two significant sales orders for graphite concentrate, indicating a robust demand for both coarse and fine product produced by Lindi Jumbo. The Company expects further sales to occur more frequently as more product becomes available from Lindi Jumbo. With the production ramp-up continuing, Walkabout is well-positioned to benefit from the forecasted cyclical increase in graphite prices in the coming years. The Company's Managing Director and CEO, Andrew Cunningham, highlighted the importance of regular large volume sales in cementing Lindi Jumbo's reputation as a reliable producer of high-quality graphite concentrate.