The project is about chrome mining from an open cast mine. We have ready buyers for the product at any quantity. We are looking to produce three thousand tonnes of chrome every month, and we need to provide for its transport to the nearest rail line which is about 3km from the mine. For that purpose we need between 15 and 20k US dollars.
At the moment we are just looking to extract chrome and sell it to the proccessing companies, which is a good bussines since it requres small capital and brings huge profits.
The investor will start to receive his cash 2 months from the investing day. The investor has got the opportunity to partner with us in any bussiness venture that will be lucritave for both of us. Zimbabwe is a developing country and there are a lot of bussiness opportunities coming.
We have laid everything now and we have already reached all the chrome. We need money to pay the transportation and the hired machinery.
Each tonne will sell at 88 dollars by removing gov tax and will end up to 79 dollars. So, if we can manage to do a minimum of 1500 tonnes we will end with over 100k and we can offer the investor 30% of the profits for 6 monthst.
To get 1500 tonnes we need to hire an excavator for 3000 US dollars and 15 manual labourers, each paid 400 US dollars monthly. For now we need about 20000 US dollars to do the finishing which requires road generators and a tipper truck.