TanzOz Australia is a private company with an exciting graphite project in Tanzania. The company has commissioned Breakaway Research to provide a project overview ahead of a potential listing in the medium term.
This is not a recommendation or offer to purchase shares.
TanzOz is now seeking expressions of interest to finance its Chenjere project using a staged approach – an initial tranche of US$400k to finance the confirmatory drilling followed by a US$6m tranche to fully develop the 7,500 tpa TCG project to production. The high component of large flake graphite in the deposit means it will be well positioned in the graphite market in the future. The Company is seeking finance through either joint venture partners, investment by sophisticated investors or offtakers. Tanzoz ultimately plans to list on the ASX.
Official website: http://www.tanzoz.com/