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Looking for non-recourse loan

  • Sourcing Country:South AfricaSouth Africa
  • Required Quantity: Ask From Buyer
  • Posted Date:13 Jul 2025
  • Expiry Date:11 Oct 2025
  • Buyer Name: Joseph Motaung
  • Usage:
    Ask From Buyer
  • Buying Frequency: One Time
  • Approx Order Value:
    Ask From Buyer
  • Quotations Received: 14 Quotes
  • FOB Price:
    Ask From Buyer
  • Time Left: 61 Days
  • Shipping Terms:
    Ask From Buyer
  • Payment Terms: T/T, LC, D/P, PayPal, Western Union
  • Preferred Supplier Country:ChinaChina

RFQ Description

REF: REQUEST FOR FUNDING NORTH FIELD COAL MINE ASSETS - SOUTH AFRICADear Sirs Our company Inzalo Mining & Minerals- Trading as Inzalo Mining SA, a company registered under corporate and Company laws of South Africa based in Midrand South Africa, hereby request financing for the amount Ask Buyer 000 000,00 USD.(One Hundred and Fifteen Million - DOLLARS)Purpose of Loan: The funds will be used to acquire or purchase the Northfield Coal Mine - Stockpile, in Kwazulu Natal - South Africa Coal Reserves:Total Quantity Bituminous Coal Available - Open Cast : + 12 Million Mt Total Quantity Anthracite Coal Available - Open Cast : + 8 Million Mt Total Underground Coal Still to be Mines - Open Cast : + 6 Million Mt Total Stockpile on Available Coal (Above Ground) : + 20 Million MtTotal Quantity of Coal Available On Sale : + 26 Million Mt Total Value of Coal Stock Pile = $ 2, 262,000 000.00 (Average Sale Price Ask Buyer/Mt) Other AssetsTwo Coal Wash Plants also included, 100 000 Mt monthly production50 % Railway Siding situated approximately 1km away from the Mine A 200 000 Mt x Coal Export Storage Facility at the Richardsbay Coal HarbourTotal Coal Wash Plant (Rental Income) = Ask Buyer 000 USD / Mt (Min. 200 000 Mt Production Per Month)Total Railway Siding (Rental Income) = Ask Buyer USD/Mt Total Value Coal Export Storage Facility (Rental Income) = Ask Buyer 000 USD / Mt (Min. 200 000 Mt Production Per Month)Total Value Other Assets (Potential Income Per Month) = Ask Buyer 000 000 USD Per Month Financing term in years: Ten (10) Years Interest: As per preferred Prime Bank Rate , plus discountSecurity and Collateral: We are willing to cede the Stock Pile and Re-Sale Contract to Buyers as collateral for the loan and also take-up additional insurance as security for the loan or debt (underwriting) . We are ready to issue all necessary documents to relating to the Investment once your approval in-principle issued. We look forward to hearing from youThanks and RegardsInzalo Mining and Minerals Email : *******@*****.com

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