06/11/2016
BACKED BY HARD ASSETS
Public Listing of Sierra Leone’s National Resources and raising capital to save the economy.
Sierra Leone is in a deep economic depression but sits on top of an enormous treasure. Not yet licensed Sierra Leone’s mineral resources represent a value of 1 trillion dollars in excess. Foreign companies who want to extract the enormous value are not interested to boost the SL economy but satisfy its own shareholders with huge profits and pay taxes in their own countries. And what remains for the people? A salary of $2.00/day. And what remains for the government? ZERO
The answer could be to incorporate the virtual assets of free resources in a State owned entity and validate the result for international small caps and mid-caps listing on the global stock markets in London, Frankfurt, New York, Australia and Asia. $100Million of the listed value would be bankable with an Initial Public Offering (IPO) combined with Stock Loans to fund the listing and implement an immediate rescue program.
Such operation could raise up to 10 billion USD on short term. Major part (75%) of this money should be designated to develop and establish a Salone owned and run excavation/processing industry, and the remaining 25% to immediately inject into the devastating economy to create jobs, income and development.
Every Sierra Leone national should get for FREE 10 issued shares to award, involve, encourage and engage them owning a part of the treasure of Salone and support the efforts to lift the economy out of its debt.
Our partner Small Caps Consultancy GmbH (SCC) runs a well-established network of specialized service providers in the financial sector. As single point-of-contact, SCC is able to rapidly develop, launch, manage, coordinate and monitor such complicated operations.
