In over my head, want to find funding for a project, no idea how/where to start

ChrisJ1989

newbie

Activity: 8

Merit: 0

Quote from: Bitlend on December 20, 2017, 06:46:09 AM

Quote from: ChrisJ1989 on December 20, 2017, 12:49:05 AM

Basics of it are:

I literally have no idea where to start and maybe crypto is the way i dont know

Building a coal mine/funding the extraction equipment cost (about $12M USD)

Investment firm I have been talking to about this project wants to own 45% of the business so the rest is going to the funding party(parties)

The buyer of 200,000 tonnes of coal per month is secured already @$15 per tonne

Secondary buyer is interested but no agreement made

Mining site has been assessed for quality and volume by multiple qualified parties

What i get out of this is literally 50c per tonne and am happy to share that with anyone that helps this work

Profitability for investor:

$15 tonne x $200,000.00 x .55 (55% ownership of mine) = $1,650,000.00 per month (13.75% ROI per month after production is ramped up in 2-3 months)

Per Annum ROI after ramp up is $19,800,000.00 (165%)

Coal prices are currently around USD $94.04 per metric ton
Coal cost to mine depending on many things average $40-$50T
How much coal is there?

How and why you selling for $15T?
Do you have a feasibility report I can review?

Your figures seem way out to me at first glance.

The figure of $15 a tonne is a worst case scenario based on the lowest coal price per tonne in recent history.

There are plenty of further details I can share once confidentiality/ non disclosure agreements are signed, I will check what and how much i can share without those

Any details I can share publicly I will, anything further i will need to discuss with relevant parties

Feasibility study has been done and the informal nature of my post is coming from the honesty that I'm not the most experienced in this space but have an opportunity to connect the right people together to make this work

Anything i can do to help or any questions please ask away

ChrisJ1989

newbie

Activity: 8

Merit: 0

Quote from: Bowtiesarecool on December 20, 2017, 06:20:16 AM

First things first, you need to craft your whitepaper - why would anybody want to invest in this project? What are the prospects and potentials? What's the market worth of this product/usage/projections? How do you intend to market it, or you have a distribution network on the ground already? How liquid is your token?
You've got a good thing going based on the fact that you're offering a real-world asset-backed token. People are beginning to shift to tokens backed by physical assets. However, you still have to craft a pretty tight WP.
Hit me up if you want to talk some more

Distribution is set up already my associate has trade routes set up for existing coal supply chain.
Their business based in Hong Kong has primarily set up trade deals in the past and raised capital for various investments.
In this instance their desire to grow their business by owning a considerable but not necessarily a majority share of the mine and consequently a greater share in the profitability of the project as compared to previous deals where their benefit was purely based on the trade profits through their distribution network

Essentially their value is the trade and distribution network with guaranteed purchasers

Bitlend

member

Activity: 90

Merit: 10

Quote from: ChrisJ1989 on December 20, 2017, 12:49:05 AM

Basics of it are:

I literally have no idea where to start and maybe crypto is the way i dont know

Building a coal mine/funding the extraction equipment cost (about $12M USD)

Investment firm I have been talking to about this project wants to own 45% of the business so the rest is going to the funding party(parties)

The buyer of 200,000 tonnes of coal per month is secured already @$15 per tonne

Secondary buyer is interested but no agreement made

Mining site has been assessed for quality and volume by multiple qualified parties

What i get out of this is literally 50c per tonne and am happy to share that with anyone that helps this work

Profitability for investor:

$15 tonne x $200,000.00 x .55 (55% ownership of mine) = $1,650,000.00 per month (13.75% ROI per month after production is ramped up in 2-3 months)

Per Annum ROI after ramp up is $19,800,000.00 (165%)

Coal prices are currently around USD $94.04 per metric ton
Coal cost to mine depending on many things average $40-$50T
How much coal is there?

How and why you selling for $15T?
Do you have a feasibility report I can review?

Your figures seem way out to me at first glance.

ChrisJ1989

newbie

Activity: 8

Merit: 0

Quote from: Slow death on December 20, 2017, 01:33:35 AM

you should move your post to this section and when you go to do the post it will be better if you can create the thread and present in a way that conveys more confidence, for example you can say your name that will already be a beginning, now with a account newly created and without its real name becomes very suspicious.

Quote from: wiredideas on December 20, 2017, 01:08:35 AM

On what country are you planning to put up that plant?

this is another very important detail that OP forgot to mention

Thanks yeah I'm new to this forum so unsure of how to even start making this happen,

Its a huge opportunity for me to do something really substantial so am open to all criticism, help, suggestions, partners etc

The Plant is to be developed in Indonesia and plans are in good stead already with local government

Bowtiesarecool

sr. member

Activity: 1050

Merit: 295

First things first, you need to craft your whitepaper - why would anybody want to invest in this project? What are the prospects and potentials? What's the market worth of this product/usage/projections? How do you intend to market it, or you have a distribution network on the ground already? How liquid is your token?
You've got a good thing going based on the fact that you're offering a real-world asset-backed token. People are beginning to shift to tokens backed by physical assets. However, you still have to craft a pretty tight WP.
Hit me up if you want to talk some more

Slow death

legendary

Activity: 3262

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

you should move your post to this section and when you go to do the post it will be better if you can create the thread and present in a way that conveys more confidence, for example you can say your name that will already be a beginning, now with a account newly created and without its real name becomes very suspicious.

Quote from: wiredideas on December 20, 2017, 01:08:35 AM

On what country are you planning to put up that plant?

this is another very important detail that OP forgot to mention

wiredideas

full member

Activity: 756

Merit: 101

On what country are you planning to put up that plant? If you got everything sorted out except for the capitalization you can go the crypto way and have a coin/token and do an ICO to fund your project.

ChrisJ1989

newbie

Activity: 8

Merit: 0

Basics of it are:

I literally have no idea where to start and maybe crypto is the way i dont know

Building a coal mine/funding the extraction equipment cost (about $12M USD)

Investment firm I have been talking to about this project wants to own 45% of the business so the rest is going to the funding party(parties)

The buyer of 200,000 tonnes of coal per month is secured already @$15 per tonne

Secondary buyer is interested but no agreement made

Mining site has been assessed for quality and volume by multiple qualified parties

What i get out of this is literally 50c per tonne and am happy to share that with anyone that helps this work

Profitability for investor:

$15 tonne x $200,000.00 x .55 (55% ownership of mine) = $1,650,000.00 per month (13.75% ROI per month after production is ramped up in 2-3 months)

Per Annum ROI after ramp up is $19,800,000.00 (165%)

Topic: In over my head, want to find funding for a project, no idea how/where to start (Read 143 times)