Windhoek, Namibia, 9000, Namibia
Materials
Brick Making/Sand Mining with Copper Exploration on own property
Reo Mining intends to setup a Brick Manufacturing Plant/Sand Mining on its own property in Central Namibia. Secondly, a Chinese company held an EPL over a vast area including mine which expired in August 2014. Apparently they applied for renewal, but it is not granted thus far. In the meantime I applied for the registration of two mining claims over my own property, but it is subject to me providing an Environmental Clearance Certificate before it will be approved. So far they drilled two exploration holes on my property, but the results are still secret with them. Area is rich in high grade copper, but ore reserves still unknown.
Having said the above, I need to set base on my own property to secure a solid negotiating platform with the Chinese should they wish to pursue their venture and wishing that I should relocate my business. Should they not, I will mine the known Copper veins myself on a small but rewarding basis.
I thus need a 10 year Business Loan/Equity or a combination of U$10 million at your most favorable consideration. Interest of 3% to be paid annually and Capital at the end of term. Willing to let go 25% equity until loan is fully repaid.
Reo Mining intends to setup a Brick Manufacturing Plant/Sand Mining on its own property in Central Namibia. Secondly, a Chinese company held an EPL over a vast area including mine which expired in August 2014. Apparently they applied for renewal, but it is not granted thus far. In the meantime I applied for the registration of two mining claims over my own property, but it is subject to me providing an Environmental Clearance Certificate before it will be approved. So far they drilled two exploration holes on my property, but the results are still secret with them. Area is rich in high grade copper, but ore reserves still unknown.
ii. Experience and Technical Capabilities:
Mine Management: The operation will be managed by myself. Being a multiskilled person in Administration and finance as well as technical, I am fully confident to manage this operation. My career started with African Wire Ropes being a rigger, driver and storeman. From there I worked my way up in the then Swa-building society and Commercial Bank of Namibia in the fields of Mortgage Financing and Asset financing. Act as Construction Foreman for NHE . Other key personal will be employed in terms of experience and bearing the AA-policy in mind.
Prior Year Revenue | Current Year Revenue | Next Year Revenue |
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Sign up as Investor | Sign up as Investor | Sign up as Investor |
Company Age | Employees | Sub-Industry |
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3 years | 1 | General Building Materials |
Company Type | Stock Exchange | Stock Symbol |
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Privately-Held | – | – |