Mining Support Business Seeking Loan in Port Moresby, Papua New Guinea
Papua New Guinea-based engineering consultancy company seeking capital to expand operations.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 24.3 thousand |
| Run Rate Sales | USD 52 thousand |
| EBITDA Margin | 30 % |
| Industries | Mining Support |
| Locations | Port Moresby |
| Local Time | 8:12 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
48.5 thousand
for
8.0%
annual interest,
4
years
(Native Currency: PGK 200,000)
Reason: Funds are required to buy mining software licenses and for residential rental accommodation construc...
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Collateral Available: USD 2.43 thousand
Includes physical assets worth
USD
9.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Reserve Validation Report
(2.0 MB)
Consultancy Agreement Inter-Office Memo
(256.9 KB)
Certificate of Incorporation
(135.7 KB)
Company Extract
(80.4 KB)
Tax Certificate
(253.6 KB)
Business Overview
- We provide mining engineering consultancy services and we are planning to purchase state-of-the-art mine planning and design software to use in the design and planning of mining projects.
- Have only one major client, "Kumul Minerals Holdings Limited" of the state of Papua New Guinea.
- Providing services to the company in technical assessment and economic evaluations of mining projects.
- We are planning to diversify into the construction of residential rental properties targeting mine employees and their families.
- Our market strategy is focused on the deliverance of our client's project. We have successfully delivered on validation studies of two upcoming gold mining projects and therefore have secured a further six (6) months contract.
- Consultants have more than 20 years of experience in mining projects and mining education.
- Have only one major client, "Kumul Minerals Holdings Limited" of the state of Papua New Guinea.
- Providing services to the company in technical assessment and economic evaluations of mining projects.
- We are planning to diversify into the construction of residential rental properties targeting mine employees and their families.
- Our market strategy is focused on the deliverance of our client's project. We have successfully delivered on validation studies of two upcoming gold mining projects and therefore have secured a further six (6) months contract.
- Consultants have more than 20 years of experience in mining projects and mining education.
Products & Services Overview
Providing mining engineering consultancy services to Kumul Minerals Holdings Limited, a business subsidiary of the Papua New Guinea Government focusing on mining projects investments and development.
Assets Overview
Assets include basic office setups, computers, and laptops.
Facilities Overview
We operate from a residential rental-based space and plan to shift the consulting business location to a central business district area in the future. It is on 30 sqm area with a monthly rent of PGK 3,000.
Capitalization Overview
- Business is funded by personal funds and the current ongoing contract with Kumul Minerals Holdings Limited.- The company has 1 owner.
- Company has no debts or liabilities.
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