Lusso Tesoro is presented with distressed mines on a regular basis due to an established network in The Republic of Guinea. We seek projects that will deliver a minimum of 25% return, but more typically 50% and above. This figure is calculated using past project experience, expert third party information and data, rigorous research, and a robust appraisal process.
Full due diligence is conducted on the proposed project, working with our consultants SRK Group, as well as our legal and financial partners, Ernst Young and Fieldfisher. This data is commissioned prior to committing to the purchase of a mining concession, and this will include confirmation of gold reserves, mining permits, preferred geographical areas as well as clear legal title.
Full due diligence is conducted on the proposed project, working with our consultants SRK Group, as well as our legal and financial partners, Ernst Young and Fieldfisher. This data is commissioned prior to committing to the purchase of amine, and this will include confirmation of gold reserves, mining permits, preferred geographical areas as well as clear legal title.
Lusso Tesoro can use bank funding, as well as institutional funds and senior debt lenders, however we also invite high net worth and sophisticated investors to invest with us in our projects. This provides an attractive investment instrument for an investor’s portfolio whilst allowing the Company to raise funds more quickly than may be possible through different avenues. This facilitates Lusso Tesoro to obtain distressed assets which other Companies may be unable to purchase due to lengthy lending processes. Due to the high margins in the projects, we are able to pay a competitive return to our investors, whilst maintaining project feasibility and competivity.
Funds are utilised to purchase distressed gold mines, which includes the land, mine, mining permit and potentially the mining equipment. The family owned Company will also contribute funds towards the purchase and operating costs of the mines.
The management team have an enviable track record in the mining sector, gaining an unprecedented footprint in The Republic of Guinea with 8 years on the ground building valuable relationships and experience. The Chairman, Dave Webster, has worked on behalf of renowned UK law firms and reputable companies such as The Gunvor Group, purchasing mines and exporting gold globally. You can find out more in relation to our experience by looking over our website.
The Investment Vehicle is only open to high net worth and sophisticated investors, who fall within one of the following categories:
(i) certified sophisticated investors
(ii) self certified sophisticated investors
(iii) high net worth investors
Company investments and joint applications are also welcome.
Investors receive a welcome pack sent to them directly by Lusso Tesoro, which is sent both via email and by post on receipt of the investment. You can also contact the Company at any time via email, [email protected] or by calling +44 (0) 151 316 0392
All investors will receive quarterly project updates via email and can also be kept up to date more regularly by tuning in to the Companies social media channels. Our Investment Team are also on hand to answer any questions you may have during the term (continue as per existing).