Project-level joint ventures
Capital committed to a single named site against a defined off-take agreement, with revenue accounted at project level rather than pooled across the group.
- Named asset
- Defined off-take
- Ring-fenced revenue
For investors & partners
We structure joint ventures and project-level investment around producing and near-producing assets, not speculation. Capital goes into ground we already operate.
Where capital goes to work
We do not raise general-purpose capital. Every structure below is attached to a specific site, a specific piece of plant or a specific stream of production.
Capital committed to a single named site against a defined off-take agreement, with revenue accounted at project level rather than pooled across the group.
Funding for specific processing capacity, whether a crushing line, a dense-media circuit or a flotation plant, repaid against the throughput that asset generates.
Forward purchase of production at benchmarked pricing, with independent assay on every consignment and delivery on FOB or CIF terms.
What partners receive
The reason most mineral ventures disappoint is not geology. It is that the partner cannot see what is happening. We report on a fixed cycle, in figures.
Questions we are always asked
It depends on the structure. Equipment financing starts at the cost of the specific asset being funded; project-level joint ventures are negotiated against the development budget of the site in question. We will tell you the number for a given project on the first call rather than after three meetings.
Project revenue is accounted separately rather than pooled at group level, and export proceeds for a funded project are reported against that project. Partners receive the underlying figures, not a summary.
The licence, the plant, the operating team and the trading relationships. We are an operator taking partners into assets we already run, not a promoter raising money for ground we have not touched.
Independent laboratory assay on every consignment before shipment. A buyer or partner can nominate their own laboratory, and we have no objection to a second assay at their cost.
Currently the lithium, tin–coltan and lead–zinc operations, plus the Ondo bitumen resource at development stage. The gemstone programme is funded internally.
Investor deck
The deck covers resource position, plant capacity, production history, off-take relationships and the current funding requirement by project.