Results 1 to 5 of 5
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12-18-2017, 11:29 AM #1
- Join Date
- Oct 2012
- Posts
- 142
Mining Company
We have a client that is in the mining industry. They have extensive experience in this industry and are looking for a placer mine for gold in the Yukon Territory, which they have located, and are seeking financing. The mine has equipment and it's ready to operate. They are a start-up, but has an experienced team of (6). The mine is paying out $20.00 per yard at 80 yards per hour at 12 hour days at 6 days a week.
Requested: $400,000 for the mine
$150,000 operating capital
Additional requested information can be provided.
Howie Dane
President
Funding Sources for Business
president@fundingsourcesforbusiness.com
www.fundingsourcesforbusiness.com
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12-18-2017, 11:31 AM #2
IF they own the equipment get them a sales leaseback
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12-18-2017, 11:31 AM #3
- Join Date
- Oct 2014
- Location
- Indianapolis
- Posts
- 76
Is this a US based company?
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12-18-2017, 11:41 AM #4
- Join Date
- Dec 2013
- Posts
- 4,711
Howie -
Have a lot of Australian friends in the mining world (lived in Australia for a while after i got married to a local Ozzy)...one recommended your client reach out to this group.... they have a strong mining finance division!
https://www.macquarie.com/us/corpora...mining-financeMarcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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12-18-2017, 12:09 PM #5
- Join Date
- Oct 2016
- Posts
- 4,314
These guys need equity not debt.
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