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Auction Date: 26/07/2019     Start: 13:00     Plant & Machinery

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Optimum Coal Mine (Pty) Ltd, Koornfontein Mines (Pty) Ltd & Optimum Coal Terminal (Pty) Ltd. All In

Optimum Coal Mine (Pty) Ltd, Koornfontein Mines (Pty) Ltd & Optimum Coal Terminal (Pty) Ltd. All In Optimum Coal Mine (Pty) Ltd, Koornfontein Mines (Pty) Ltd & Optimum Coal Terminal (Pty) Ltd. All In

Optimum Coal Mine (Pty) Ltd, Koornfontein Mines (Pty) Ltd & Optimum Coal Terminal (Pty) Ltd. All In Business Rescue

Online Auction, Lots closing from: 26 July 2019 1:00 PM ZA

By order of the joint business rescue practitioners
Invitation to submit offers: sale of share and/or assets for: Optimum Coal Mine (Pty) Ltd, Koornfontein Mines (Pty) Ltd & Optimum Coal terminal (Pty) Ltd
Invitation to offer Post Commencement Finance (PCF)

Featuring:
We hereby invite interested parties to submit offers for:

1. Optimum Coal Mine (Pty) Ltd (in business rescue) for the sale of assets. Located in the Mpumalanga province.  OCM has open cast strip and underground sections. OCM owns 8 draglines, 2 processing plant, 1 railway siding, 1 rapid load out facility, 15 ML/day water reclamation plant. Life of mine is 2030+. Including resources, properties and related licenses. Invitation to offer PCF
2. Koornfontein Mines (Pty) Ltd (in business rescue) for the sale of assets and sale of shares in-line with the RBCT shareholders agreement. Located in the Mpumalanga province. KFM has a 1.5mt/PA export allocation. It has underground operations, 3 processing plants, 2 railway sidings, rapid load out facility. Life of mine is 2030+. Including resources, properties and related licenses. Invitation to offer PCF
3. Optimum Coal Terminal (Pty( Ltd (in business rescue) for the sale of shares in-line with the RBCT shareholders agreement. 6.5mt/PA export allocation.

Interested parties are to refer to the Introduction letter and Vetting Requirements available in the downloadable section.

Kindly make contact with John Taylor should you require further information.

Auctioneer Details

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