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Great Deal - Iron Ore Mine Jv For Sale

Orange River, North - West, South Africa
Asking Price:
Over R11,312M
Sales Revenue:
Available on request
Cash Flow:
Available on request

Great deal! Iron Ore Mine 54% share offered @ 707,000,000.

Iron ore is a sought after commodity at present and currently trading at 148/ton CIF Tianjin (highest price ever). The investment required is 707 million for a 54% share. The owner can be retained to run the mine with the Black Empowerment partners.

The mine is based in the North West Province of South Africa.

* IRR is 22%
* pay back only 5 years
* Reserves 1.3 billion tons
* life of mine way over 100 years
* Reports available
* Mining Right In place and is ready to be issued
* The CPR has been completed

Full buy out at 1,400,000,000 or 54% shareholding at 707,000,000 will be considered.

For more details about this opportunity, please contact us now!

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