This Sub-Scheme Property (Quarry & farm) is situated approximately 23km southeast of Cowra. The in-situ resource comprises an Alluvial Quartz Pebble/Sand horizon with high silica content and recoverable gold, overlain by a
clay horizon and subsequent basalt deposit. The resource can produce a range of products, including aggregate, roadbases, clay, concrete sand, decorative pebble and potential for industrial silica.
The total land area equates to over 700 hectares, of which the permitted extractive industry area is only 54 hectares.
Property is generating EBITDA FY19 $1.464m, FY19 $1.968m & FY20 $3.103m (forecast). Interest Cover Ratio exceeding 3x
|Current Approved Loan Facility||$4,000,000|
|Interest Rate||8.50% p.a.(variable)|
|LVR:||LVR 25% of Going Concern|
|Months Remaining:||36 months|
|Original Term:||36 months|
You should first read and consider the Product Disclosure Statement (PDS) dated 20 September 2017 and the specific Sub Scheme Supplementary Product Disclosure Statement relating to any loan(s) you wish to invest in. We encourage you to seek your own independent advice before making a decision to invest with RMBL Investments Limited. Funds for investment can only be accepted by completing the Investment Application Form.