- 9 Dec 2016
- ID 123169
Mining / Mine
Investment of R50 000 000 or +/- USD 4 million required to do greenfields development.
This part of this amount will buy you 40% shares in development company. The other part will be used to develop the proposal and secure all rights in the name of newly formed company. (prospecting, mineral rights and mining). Also development and of feasibility and investment proposals to raise funds for the mine. We
I already have a previous feasibility but is date back along time ago. We will ultimately have to negotiate with larger investor for shares in mining company as we will only develop the concept.
Posted by Raegan, ,