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A Project where skills, experience,funds and great judgement collaborate to benefit all participants

Project No: #17885
Capital needed
EUR 7,000,000
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Minimum investment per investor: 3,000,000
Country: Australia
State: Queensland
Reason for needing Capital: Working Capital
Stage: In Operation/Selling
Ideal Investor Role: Equity partner
Highlights: Both these mining projects have been owned by elderly prospectors who would mine enough gold to enable them take overseas holidays but no serious mining activity were undertaken. As they wish to retire and optimize their assets they have been trying to sell these mines at a much higher price. With an expert mining team we were able to assess the true potential and value of these mines and close a deal with the owners.
What you offer to investors?: A Proven gold mining team with experience, skills and a highly developed industry network to ensure the delivery of an efficient and profitable gold mining operation. For an Investment of E7,000,000 the equity investor will receive a minimum of the first E7,000,000 of net operating profit each year.
Business plan:
Executive summary:
Additional documents:

As a former New Business Manager for Lend Lease Retail Projects Pty Ltd in Queensland, I have formed a partnership with three exceptional gold mining consultants and we have eventually  identified two gold mines that we are confident will produce excellent profits with our management and expertise. Both of the tenement owners are over 71 years of age and wish to retire. We have been negotiating the purchase price over the past 6 months and have reached agreement that is being documentd currently. In essence our Geologist's feasibility shows a net operating profit of E62,300,000 over three years after an equity investment of E7,000,000.
This project involves the settlement of two sets of gold mining tenements and the mining of each site after some upgrades to the plant and equipment to create early cash flow.

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