AUCTION ALERTS Events info@bidderschoice.co.za 0861 44 42 42

ON AUCTION: MAPOCHS MINE (PTY) LTD (IN PROVISIONAL LIQUIDATION) - MOVABLES AND IMMOVABLE PROPERTY AND THE MINING RIGHTS CEDED TO MAPOCHS MINE (PTY) LTD

ON AUCTION: MAPOCHS MINE (PTY) LTD (IN PROVISIONAL LIQUIDATION) – MOVABLES AND IMMOVABLE PROPERTY AND THE MINING RIGHTS CEDED TO MAPOCHS MINE (PTY) LTD

AUCTION DATE: 14 SEPTEMBER 2017

AUCTION TIME: 17:00

VENUE: 72 GRAYSTON DRIVE

 

THE FOLLOWING WILL BE AUCTION AS ONE LOT ONLY:

A) MOVABLE PROPERTY CONSISTING OF EXISTING PLANT ON MAPOCHS MINE.

B) IMMOVABLE PROPERTY CONSISTING OF VARIOUS FARM PORTIONS TOTALING 6211 HA AND VARIOUS RESIDENTIAL PORTIONS IN THE TOWN OF ROOSSENEKAL.

C) THE MINING RIGHTS.

 

TERMS AND CONDITIONS:

A) Terms and conditions, as well as the sale agreement can be obtained from pgeldenhuys@bidderschoice.co.za;

B) To qualify to take part in the auction all offerors must deposit an amount of R50 million (no guarantees will be accepted) into their respective attorneys trust account;

C) Written confirmation of the above must be sent to the auctioneer by no later than 16h00 on or before 8 September 2017;

D) all FICA documents and resolutions must accompany above confirmation. Bidder numbers will be allocated accordingly;

E) 3% (Three Percent) plus VAT Buyers commission payable on the fall of the hammer;

F) IRL STOCK PILES NOT INCLUDED.

 

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