Gold Mine Restart
Gold Mine Restart
Mining Property Details
Location: SW USA
Investment Opportunity
Capital Required 12M + 5% Buyers fee two-year term @10% Other debt, hybrid structures considered
Collateral Available:
The company will give up 25% of the net profits of the mine in perpetuity
The loan, along with accrued interest to be paid back first using 100% of the revenue.
Sponsors equity in excess of 1.2M
(Cost of mining approx 1800/ounce)
The plan is to mine the main site for 2 years, producing 14,000 ounces annually, or approximately $ 88 million at a $3,200 gold price.
PAYMENT METHODS:
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