Jaymar Dumagsa
Ormoc City (PHL)
Role(s):
JPD
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Startup
Location:
Ormoc City
Industry:
Manufacturing
Year Founded:
2008
Number Employees:
INVALID
Description:
I represent the interest of my father and his company to start the operation of a mine with a right capital for the operation. It is a phosrock(phosphate rock) mine and we already have potential buyers.
The financial capital needed for the proposed project is 75,000 US dollars and the investor will be given a 60 percent of total shares. The ROI is around 18-19 percent per month depending on the transactions that will be made by my father, the project coordinator, including the transaction regarding the contract price of the product which is not less than 62.5 US dollars per metric tons or may be higher. And not less than 62,500 US dollars in revenue per month.
The certificate of the grade analysis result and the feasibility study with the income statement fo