Sthembiso Mbalo
Springs (ZAF)
Role(s):
Founder/Owner/Principal
Iris Private Holdings (Pty) Ltd
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Startup
Location:
Springs
Industry:
Investing
Year Founded:
2020
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
Good day
My name is Sthembiso L. Mbalo of Iris Private Holdings (Pty) Ltd and we are a small-scale company looking to get into the gold trade industry by purchasing gold dore from small-scale mines in West and South Africa, then selling it for a profit.
We are looking to raise just over $250K to purchase over 250g of gold dore bars in South Africa and resell it for a profit. In the first month of operation, we expect to generate a return of 15%. Meaning every year, we expect you to gain a return of 180%.
For more information, please email me on mbaloproperties @ outlook . com