SGA 2.60% 7.9¢ sarytogan graphite limited

IPOWatch.com.au emailed it out yesterday, available still after...

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    IPOWatch.com.au emailed it out yesterday, available still after 3 months of raising. Below is a copy & paste of what they emailed last night:


    The Sarytogan Graphite IPO is closing soon - See below for more information!

    Good evening all,


    Sarytogan Graphite is a graphite explorer advancing the large Sarytogan deposit located in the Karaganda region of Central Kazakhstan. Post the IPO, the company will own 100% of the project.

    Sarytogan Graphite Project
    • Large exploration concession footprint of 103.92 km2
    • Significant 209 Mt @ 28.5% TGC Mineral Resource, positioning Sarytogan as the owner of the second largest graphite deposit on the ASX - after Syrah Resources ($0.8b market cap)
    • Equidistant from emerging battery manufacturing hubs in China and Europe
    • Well placed as a major global graphite resource to serve the global EV supply chain
    • The project is well serviced by nearby infrastructure (roads, railway, power, water), enabling a streamlined transition to future mining and are critical considerations for potential financiers
    • Kazakhstan is an established mining jurisdiction with a lower corporate tax rate than Australia (20%).
    • Robust capital structure with 57% of shares escrowed for 2 years from IPO including 45% held by Technical Director Dr. Waldemar Mueller
    • Sarytogan recently commenced another round of drilling in late April 2022, with additional exploration planned post IPO

    Key Points:
    • IPO is raising up to $8.5m at $0.20 per share.
    • IPO to fund exploration of the Sarytogan graphite project and associated studies
    • Well placed to capitalise of growing EV uptake and located in between production hubs in Europe and China.
    Key Dates:
    1. Offer opened: 3rd March 2022
    2. Offer closes: 8th July 2022
    3. Listing date: 18th July 2022

    Sarytogan Graphite are taking applications below. Simply click "Apply here" and you'll be taken to the investor portal.
    Last edited by traderforever: 08/07/22
 
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7.9¢
Change
0.002(2.60%)
Mkt cap ! $11.74M
Open High Low Value Volume
7.7¢ 7.9¢ 7.7¢ $5.86K 75.30K

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No. Vol. Price($)
3 70121 7.7¢
 

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Price($) Vol. No.
7.9¢ 34339 1
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