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Charles Shen, Senior Partner

Shanghai Puruo Law Offices

17701602717(WhatsApp)

attorneys.sh@gmail.com

25/F, Sino Life Tower
No. 707 Zhangyang Road
200120 Shanghai,P.R.China

 
Invest In China
Kentucky Coal Projects & Properties for Sale
发布日期:2011-04-06 19:18:52
 

 

Update for coal mines A, B, C, & D

By Certified Engineering Group

 

Data       Tons in reserve        Recoverable tons                Price

 

A”       18 million                    9 million                        18 million dollars

B”       10 million                    5 million                        14  million dollars

C”       20 million                  10 million                        22  million dollars

D”        6 million                     3.6 million                       3  million dollars

Total        54 million                 27.6 million                      57 million dollars

 

A” 700 acres land & mineral: core drilled & proven reserve, 100 acres permitted & bonded for stripping & augur mining, coal seams hazard # 5, 6,7,8,9 & 10: also additionaltwo" one thousand acre tracts of same coal seams; all 2700 acres is a fee simple purchase

B” 800 acres fee simple property with operating deep mine: core drilled, permitted & bonded on compliance & met coal; coal being mined is from the Elkhorn Seams, with the equipment for underground mining & support equipment .mining 10,000 tons @ month this is a cash flow project

C” 700 acres fee simple property: core drilled & proven reserve, coal seams are blue gem 40 inches thick also the hazard #4, 5, 6,7,8,9 &10. not permitted; additional 1500 acres of fee simple property

D” 200 acres fee simple property of blue gem coal 24 inches with 30 feet of cover core drilled & proven reserve @ this time is not permitted

Total price: fifty seven (57) million dollars for fifty nine (5900) hundred acres of fee simple (land & minerals) property

 

We are dealing direct with the owners of these projects

 

The following is the only way that these projects can & will be separated.

The owners / sellers will accept a payment of thirty two (32) million dollars for thirty five (35) hundred acres of fee simple property in items “A” with a 100 acre permit & bonding in place and “B" with a permitted & bonded underground mining operation.

Owners are asking five (5) million dollars good faith money for item's "c & d” that includes twenty four (24) hundred acres of fee simple property for a twelve (12) month option non refundable if purchase is not done within said option period; if option is executed within said time period then good faith money amount applies to purchase amount of twenty five (25) million dollars for said property.

 

Contact : Mr. Shen Linchang

Email:     law@fdi-law.com

 

 

 Download the Summary 

 

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