Original post by Tiger...

"Coal Mining Projects in the US and Canada needing Project Funding for Coal Mining activity.

The Project Promoters must actually own the coal leases against collateral of which they wish to obtain 100% Funding for their Project. You cannot offer as collateral leases that you have concessions on, which you do not own.

The quantity of coal reserves must be for a minimum of 250 MMT or US$10 Billion in value at current prices to be eligible for Securitization.

Funding would be provided for establishing/expansion of Mining Infrastructure for Coal, as well as for any additional project involving value addition to the Coal mined, viz. Coal to CTL project. I can also be of assistance in providing export orders for the coal for China, if the Project Promoters so desire.

Our current terms and procedures for Funding through Asset Management/Securitization be forwarded on required responses."

My response...

"Tiger...if your BG stuff is so good, why are you bothering with this?

I also have a genuine question...why would anyone with 10bio of genuine reserves need to resort to this forum for funding? "

I look forward to hearing from you in due course. Coal is an area I have zero knowledge about, so looking forward to picking up some info.

Kind regards

Hi G,

The truth is that no one in the right mind will give 100% funding

for a greenfield.

Logistics in itself can be a deal breaker.

Having a reserve of low quality coal, far from existing transport

infrastructure may make it ineffective even to look at.

Track records of the operators is also essential.

Weather if it is Tiger or Lion, it does not matter.

Greenfields are Greenfields and yes can come with a higher yield,

and also higher RISKS.

will

Will let me worry about all the risk involved, did expect idiots get to respond asap and they have !!!
With your ZERO knowledge why not leave to people who do !!
And there is no if's in my BG stuff as you put it .

Haha, there was plenty of "ifs" in your iffy BG's!

Still good to have another joker on the board since Lyudmila left!

BTW, why do you keep deleting your threads and then re-posting them? Can't you take the comments?

And I see you don't answer my question with regard to why someone with 10bio would need to use this forum? Is it because you don't have an answer?

Hows the hand job going ???????

"Hows the hand job going ???????"

Eh?

I see you are still not answering my simple question. Do you have an answer?

If Kid is participating I am in.

JW

Tiger,

I was not addressing you.

As for your info, I have taken mines from greenfield, all the way to IPO

and bond issue.

We have several in Australia, Indonesia and Eastern Europe.

Do your checks before telling me you know better.

Will

Will, in general who provides initial funding for coal projects? Are there specialist funds who try and get involved?

Let me illustrate why you will never succeed in getting an investor to fund the project that other could not get funded before you received the invitation to peddle this project in cyberspace.

I hope the following illustration is not above your level of understanding.

http://www.uky.edu/AS/English/courses/sewp/RufusNewt.pdf



Now, please leave this forum. You are not welcome.

P.I. / The Private Investors Group

will (Login clearverbiage) Banking Forum Group 220.255.7.196

Re: Tiger's coal funding.... No score for this post September 1 2009, 9:25 AM  Tiger, I was not addressing you. As for your info, I have taken mines from greenfield, all the way to IPO and bond issue. We have several in Australia, Indonesia and Eastern Europe. Do your checks before telling me you know better. Will   Score 1 2 3 4 5 (5=Excellent)

 

Will,

Just becuase you are a Pro and know what you are doing.. does NOT make his fresh cut coal operations any less interesting to the right people..

I know I am being mean.. I could not help myself.. It was a cheap shot.. but it is funny though..

Now selling fresh cut coal... come and get it... fresh cut coal... all you want...

Maybe Tiger you could use a Cash Backed BG from the home office in London to float the Fresh Cut Coal?

Fresh Cut Cash Backed BG for a Fresh Cut Coal Offering.. that is fantastic..

Sounds like it has all the right words.. wait.. I forgot.. green field... to bad its not a Brown Field or we could get some matching Federal dollars to go with... the treasury could make it Fresh Cut Brown Field Monies..

Ok I am done..

 

Be well all, JW 

Hi G, and Guys,

For a greenfield in coal, The first thing we do is

1) Study the terrain ( Geological ) and check outcrops.

2) File for a discovery permit or prospecting permit.

3) Do a Flight and record Gravity Variations and analyse all data gathered.

4) If Positive, file for mining rights, accuire the land.

So far, it is all self funded and can spend small bur serious money anywhere

$250,000/- to $25,000,000/- depending on the amount of reserve/land required.

5) Do a geological survey and use a reputable geological survey company.

I recommend Wardell Armstrong, Gyproshaft, any reliable JORC certified

Survey company. Logistics study included

6) Boring and Coring, 14 holes to 300 meters for every 100 ha.

7) Get a valuation done on the asset, KPMG or E&Y are quite good.

8) Prepare a business plan on

a) Seed

b) Mezzanine

By now, it is still self funded and can get the banks interested.

MS and GS will be able to do a life of mine offtake agreement.

With that you can get a bridging loan and start trial production.

First cargo out ( 35,000MT ) and 18 months gone.

GS or MS now will convert the bridging loan to equity and will invest much

more to help expand.

They will even take vendor shares at slight premiums.

Increase production and hedge your offtake, increase production and in year 4

IPO and in year 5, issue a bond.

there are many extrapolations to this model and of course if you have a

track record, it is much simpler.



Tiger,

learn the business and there is no need to be rude or crude about it.

Reality Sucks.

will

Tiger,

Still thinking of a reply?

will