RE: Mining Iron Ore ourselves10 Feb 2021 00:05
There could be an option to lease all capital equipment via GE Capital. Thus avoiding initial capex spend. Maintenance of the trucks would be inc in the "rental" costs. Same for the bumper trucks needed.
Never easy, but possible with the right business case. I have worked in global manufacturing companies that take the leasing option to preserve cash funds for operations.
Just a thought.
Great posts tonight.
Chin Chin.