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Coal Mine. Supreme Coal.

Investor Wanted Ad Posted By Owner / Shareholder
If you need an investor click here.
Interested in
Investor, Business Partner

Location
Piet Retief, South Africa, Africa

Sector
Mining

Size
US$ 5,000,000

Description
COAL MINE

MINING COST LOW, - Contractually secured. ALL PRICES ARE PER TON.

Mining COST R 191 inc. Cost of Coal sold to Reputable clients with bank guarantees lodged as security. R 399 inc - R 1026 inc

2.8 million ton reserve to be mined.

PROJECT LIFE MINIMUM OF 5 YEARS

Proposal Summary:

This small mine is situated in Mpumalanga in the Republic of South Africa close to railway sidings and tar roads.

It is a unique mine due to the quality of the anthracite embedded therein and has a much higher quality than any other surrounding mines.

The mine has a opencast section and an underground section. For
now we are only focusing on the opencast section as phase 1. That said Phase 2 underground is already well away with 7 decline shafts sunk already
The mine has been well studied and drilled by various experts like Geo Scientific Consultants, Venmyn Rand, PC Meyer and the Counsel for Geo Sciences.

Reputable and Competent Mining Contractors have been to site and accordingly a contract mining agreement has been negotiated and signed with them.

We have concluded discussions with various large buyers of the coal. These agreements are ready to be signed. These buyers are well known and financially strong. Any purchases of coal is secured by way of bank guarantee.

According to the mining contractors it is anticipated that an avg of 10 000ton will be mined on a weekly basis.

We are currently in need of an investment of 40 Million Rand to start the mine up

THE ORIGINAL SHAREHOLDERS HAVE INVESTED 16 MILLION RAND ALLREADY INTO THE PROJECT.

The R40Million will be used to

1.Mobilize the mining equipment to the mine,

2. Fix the main entry road to the mine and safe guard the shafts.

3. Finance the operating costs of the first 5 weeks of production as a boxcut will be established that will yield no coal for 4 weeks.

4. Purchase a coal wash plant of R15mill as this will enable us to wash coal and increase our end product selling price from R399 inc R912 per ton

5. Working Capital

6. Further drilling, exploration and resource development.

7. Part Settling founder shareholders loan accounts.


FINANCIALS IN BRIEF(DETAILED AVAILABLE UPON REQUEST)

Mining cost =R191.52inc
Selling Price Washed Coal =R912.00inc
Selling Price Unwashed Coal =R399.00 inc

MINING AT 40 000TON PER MONTH

Profit WASHED Coal PER Month =R28,819,200.
(40,000 * 912.00) -(40 000*191.52)

Profit unwashed Coal PER Month =R8,299,200
(40,000 * 399) -(40 000*191.52)

There is a 2.8 million ton coal reserve proven.

This project offers a high return on investment on a constant basis for a prolonged time with relative low risk. The project has been studied carefully by professionals for over 10Years.

This coal is in very high demand due to the quality - low phos, low sulphur, high FC and CV.

MINING CAN COMMENCE IN LESS THAN 2 WEEKS ONCE CAPITAL IS MAID AVAILABLE.




MANAGEMENT TEAM:

Goleele Mosinyi

23 years’ experience in the financial markets. A qualified chartered and certified accountant,

Mlibo Gladly Mgudlwa (52)
B Juris, LLB (University of Durban Westville); Postgraduate Diploma in Corporate Law. Director of Wesizwe Platinum.

Solly Sithole
Successful entrepreneur Executive Director of Strategic Relations and Director, Pamodzi Investment Holdings

Victor Sibiya
-Dr. Bonginkosi Victor Sibiya, Ph.D., served as the Chief Executive Officer of the South African Diamond Board. Dr. Sibiya serves as a Resources Advisor to both the South African and Botswana Governments

Siyanga Malumo
Siyanga has over 30 years' experience in international banking and finance. He has travelled to 122 countries, within and outside Africa.

Daniel Pretorius.
Executive in Essen Capital Group. Has 12 years experience in coal mining and commodity trading. He is also a successful entrepreneur with business interests in eight companies.





The Deal:

26% Equity is offered in the company holding the mining right and prospecting right - ordinary shares.

We anticipate further expansion once our prospecting is completed on the surrounding properties of which you will benefit from..

It is anticipated that dividends will be paid out on a regular basis as agreed and not once a year. A proper shareholders agreement is to be entered into and between.

MINIMUM RETURN ON INVESTMENT calculated on very conservative factors is estimated at 30% pa. (THESE FIGURES ARE ESTIMATED AND CAN NOT BE GUARANTEED)



Capital Needed R40,000,000
Minimum Investment R100,000
Business Stage Pre-Startup/R&D
Investor Role Any
Contact
Name and company is available only to members (if provided by the advertiser).
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(Entrepreneur)
Umhlanga, Kzn
South Africa
+ + + South Africa Top 10 Opportunities (Week 20 / 2017) + + +
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