Private WV coal project, permitted and improved land. $2 million plus equipment. Was operating, just needs to turn the lights back on and will be operational within 2 weeks. Also, available in same project is a wash plant facility and rail loading site with additional $15 million worth of unencumbered equipment. Looking for $2.5 million in first secured loan, and a $250k short term bridge, can be structured as a JV, loan, or other partnership. This is a small experienced operating team that will flourish in the new coal environment. Very lean operation with low overhead and no current debt burden.

Posted Sep 30, 2016

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