Indonesian Coking Coal - Mine Commissioning - Pre RTO Round

Categories Securities, Unissued Securities
Sale Type Asking Price
Price Guide AUD $2M Stapled Bridging Finance - Automatically converts into shares at the completion of the RTO (expected within 6 months) post mine commissioning at 115% of Face Value plus attaching options, failing which it will be repayable in 12 months.
Status: Closed


This Australian mineral exploration company is an exciting opportunity to invest in an existing coal mine that is to be listed on ASX. (Estimated market cap on RTO A$44M)

  • All mining permits and export license in place
  • Mine is located in the coal producing region of central Kalimantan
  • The concession is surrounded by a number of coking coal producing mines that export their product to international markets, namely Japan, Korea and southern China
  • Experienced management team
  • Significant positive cashflow expected from mining activities within 12 months 



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