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Auction Date: 06/12/2018     Start: 10:00     Commercial Property

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Palapye Region, Botswana - Lerala Diamond Mine Pty Ltd (in Liquidation)

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Palapye Region, Botswana - Lerala Diamond Mine Pty Ltd (in Liquidation)

Live Auction, Starts: 6 December 2018 10:00 AM ZA

By order of the Liquidator, Lerala Diamond Mine in Liquidation (Pty) Ltd (Masters Ref: UAHGB-000128-17)
Online auction of a complete diamond mine, 200tph crushing, DMS plant & final x-ray recovery. Resource of 5 Kimberlite pipes

Featuring:
Complete Diamond Mine consisting of:

• Resource of 5 Kimberlite pipes from 0.16hectares to 2.35 hectares.
• Transfer of mining license and rights

Complete Processing plant:
• Primary Jaw crusher
• Scrubbers
• Secondary cone crusher
• High pressure roll crusher
• 200tph conventional fines and course DMS plant
• Final integrated X-Ray recovery house and hand recovery and grading
• Material reticulation of conveyors, screens, bins
• Thickner plant and tailing dams
• Diesel generator plant, electrical reticulation, workshops, offices and mining camp

In order to participate in the Auction Event, bidders are required to pay a USD 200 000 deposit or equivalent Botswana Pula in the trust/escrow account detailed in the registration form. The highest bidder above RESERVE price is required to submit proof of funds for the balance of the bid price within 24hours of the auction closing. Once all approved by the Ministry of Mineral Resources, Green Technology & Energy Security, then the buyer would be required to pay the final amount. Botswana VAT of 12% will apply to this purchase. The shares in the business are NOT for sale, just the resource and process plant.

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Auction notes:
Please note that in order to register to this auction we require; proof of payment and FICA documentation

Notice to purchasers:
• Buyers premium: 0%
• VAT/Tax: 12%

• Inspection details: Strictly by appointment - please call the team to arrange

• Payment Date: Proof of fund to be shown 24hours after auction closing
• Equipment Removal Date: By arrangement

Auctioneer Details

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GoIndustry DoveBid
Lerala Diamond Mine, Lerala, Palapye Region, Botswana
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