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RSA Gold Mine Opportunity

 

PROFILE    
Description:    An undeveloped mine located in South Africa which requires site establishment for open cast operations. The land is fully owned with mining rights and claims total. The extent is 4,000 ha and is valid for 30 years.
Industry / Sector:    Mining
 
LOCATION    
State / Province:    North West RSA
City / Town:    North West
Location / Area:    .
Portability:    Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
 
PRICE    
Asking Price:    R 400 000 000
Conditions:    Buyers must prove access to a minimum of R400m unencumbered cash
 
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 108 966 000 per month
Profit:    R 75 291 338 per month
Annual Return:    226 % per annum
No. of Staff:    50
Year Established:    2026
Legal Persona:    - unknown or withheld -
Other Information:     
        PRODUCTION EXPECTATIONS        

The open cast mine could be fully operational after three months Lifespan reserves is expected to exceed 20 years.

        FINANCIAL FORECASTING        

The financial projections are obviously based on forecasts and projections and, wherever possible, these verge towards the conservative. Income figures, for example, are based on a gold price of US $5,000 /oz.

The projected R.O.I. of 136% sets the Payback Period to below two years.

        AVAILABLE INFO to APPROVED BUYERS        

- Location of the Mine
- Competent Persons Report
- J.O.R.C. / S.A.M.R.E.C.
- Mining Right and Environmental Authorization
- E.A. / E.M.P.r. / D.M.R.E.
- The Sellers Authority to Sell (Partnership is possible)

This documentation would only be available to potential buyers who have, as a minimum, satisfied the requirements below for providing both a NDA and Proof of Funding.

        NON-DISCLOSURE AGREEMENT        

Any interested party will need to be prepared to complete and sign an non-disclosure agreement. Confidentiality could impact on multiple issues and for this reasons the NDA will specify the limitations on use of information supplied. This protects all parties involved.

        PROOF of FUNDING        

The Buyer has to demonstrate that he has access to R400m ($25.5m) in unencumbered funds to purchase the rights to mine plus setup and operational costs of +/-R150m ($9.6m) for the first 3 months.

The seller will not provide any documentation, business details or financials and will not accept any offer unless the proof of funding has been provided.
 

 

Access a ''Contact Form'' where you can provide your own contact details and ask any relevant questions. The form will be sent directly and immediately to the seller of this business.
Record ID: 2985
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