Richard Mott
Evergreen, CO (USA)
Role(s):
Founder/Owner/Principal
Ten Sleep Gypsum, LLC
Find More Startups
Startup
Location:
Evergreen
Industry:
Manufacturing
Year Founded:
1999
Number Employees:
1-10 people
Description:
Acquisition of mineral mining rights for gypsum in the Ten Sleep basin of north central Wyoming. Company will develop wall board manufacturing facility, agricultural fertilizer warehouse and bagging facility, and produce product for both the cement and pharmaceutical industries.
Loan Amount Requested: $1,250,000,000, acquisition and development of the project
LTV Sought: $1.25B on $11.5B = 10.9%
As Is Value: Per CPA evaluation of geology report, $11.5B
Ending Value: Estimated before tax, present value of income stream, discounted at 25% $1,195,466,528
Client’s Capital Invested Into The Project Thus Far:
Total investment approximately $500K
Use of Funds
Acquisition of Project $650,000,000
Acquisition Fees 5.00% - 62,500,000
Legal/Accounting Fees 2.00% - 25,000,000
Project Development Expenditures
Permitting Fees 250,000
Production Facilities 225,000,000
Project Reserve/Contingency 22,500,000
Mining Machinery Costs 20,000,000
Sizing Machinery Costs 7,500,000
Warehouse/Bagging Equipment 6,000,000
Rail Costs - Bulk Shipment 12,000,000
Office & Related Costs 250,000
Income/Operations Carry 203,701,000
Working Capital/Expense Contingency 15,299,000
Guarantors Richard Mott
Address 1153 Bergen Parkway, #245
City, Stte, Zip Evergreen, CO 80439
Phone (Phone # removed)Fax (Phone # removed)Email (URL removed)
Guarantors Net Worth: Richard Mott $22,640,200
Guarantors Liquidity: Richard Mott $15,200
Management Background:
Mr. Mott (56) has been involved in project planning and financial feasibility of community development for a number of years, including large residential and commercial projects nationwide. He has had responsibility for planning, analysis, and budgeting for Mission Viejo Company, with a direct role in the development of the 22,000 acre Highlands Ranch residential/commercial project in the south Denver metro area. He has served as President/Principal for two consulting firms located in Denver, Director of Strategic Planning and Analysis for Pace Membership Warehouse, Inc. with responsibility for the real estate development strategies, site selection, acquisition and development of nearly 70 big box warehouse club facilities nationally, and Senior Consultant for Peat Marwick Mitchell & Co., a Big 6 accounting firm, with numerous real estate related engagements.
Mr. Mott has 17 years experience teaching accounting and finance courses, most recently in the Regis University MBA program, the University of Colorado, University of Denver, and Metropolitan State University.
Mr. Mott graduated from the University of Southern California with a Masters of Business Administration, with emphasis in quantitative methods in financial management and corporate planning. He received his Bachelor of Science degree in accounting from Portland State University in Portland, Oregon.