Company description:
|
This startup is a Mining Development Company, whose main activity is mining (Gold, Nickel, Iron, Copper, Cobalt, etc.). The company was created in 2018 and is based in Cote D’ivoire which is a country in West Africa. The company is currently a start-up company, which is currently looking for financial partners to start these gold exploration projects in Cote D’ivoire. All of SODEM’s exploration projects will be carried out by the Multinational SRK exploration, which is an expert in exploration and mining. The company has recently found a Dutch (technical) partner and is looking for Dutch investors who can finance their gold exploration project. The company wants to search 4 to 18 million ounces of gold, which could generate at least 20 billion USD in turnover. |
Business Model:
| The company is an industry that will exploit gold and market it in gold bars internationally. However, they are currently looking to start the exploration phase for at least three gold deposits. |
Customer type / profile:
|
The gold bars that the company will produce will be sold in Europe, the USA and Asia to central banks (B2B) |
Preferable investor type:
Angel investor; Incubator/accelerator
USP’s:
| The demand for gold bar is, and will always remain, stronger than the supply. This explains why this product will also be marketed easily all over the world. |
Capital amount needed:
| 800.000 USD |
Investment need:
| 600,000 USD will be invested in the first and second phase of exploration; 200.000 USD to cover the administrative and operating costs of the business. |
Sector:
Other
Phase:
Pre-seed
Number of founders:
1
Current number of employees:
1-5
Monthly turnover (current):
| 0 |
Turnover (forecast) next 12 months:
| 0 |
Turnover (forecast) months 13 – 24:
0
Current monthly expenses:
0
Committed funding:
| 0 |
