• Australian Business Sellers and Buyers Register

$1.3m Short Term Loan

Mining

Business Description:

We have secured the rights to purchase a large mining lease in the Northern Territory of Australia. There are proven deposits of Tin & Copper, plus many other minerals - Gold, Silver, Lead, Manganese etc.

There is about 600t of Tin immediately available from a tailings dump, worth around $24,000,000. This can be recovered and sold in about 4 -5 weeks.

The Owner will allow us to enter, recover and sell the tailings, on an undertaking that we purchase the 2 Exploration Leases, 14 approved Mining Leases and 100acres of Freehold land containing about $1m in assets and improvements. This project would have a 20year life, showing consistently high annual returns.

For the $1.3m input loan, we are offering a 10% share in our company and a seat on the board. The loan would be repaid in full within 7 months from commencement. Funds will be used as a down payment on the project, the purchase of initial machinery and set-up costs.

Both the short and long term profits on the return of investment are substantial! If this project is of interest, please contact us with your Email address and we will forward full details, including the Proposal, Business Plan and Projected Cash Flow - So do yourself a favour and enquire today! you won't be disappointed!

Business Features:

  • Business Category: Mining
  • Profit: -- Select Value -- - -- Select Value --
  • Business Plan exists?: Yes
  • Sale Type: Investor
  • Business Type: Other
  • Turn Over: -- Select Value -- - -- Select Value --

Business Location:

  • Address: SUITE 1 , 2-4 FETHERSTONE STREET , BANKSTOWN NSW, Sydney, New South Wales.
  • Other Existing Trading Locations: Northern Territory / Darwin
  • Potential Franchise/Licencee locations you are offering to sell: Northern Territory / Darwin

Seller Information

Name: Brian Greenwood

Email: brian.greenwood11@gmail.com

Phone: 0491 177 611

Listing ID: 16186

Views: 67

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