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Online auction for Lace Diamond Mine Construction and Underground Mining Machinery

Online auction for Lace Diamond Mine Construction

Lots Closing: 17 Sep 2019 from 02:00 PM ZA

By order of The business rescue practitioner

Items That Will Be Auctioned Include

Bell HD2045 Excavator
Tracked Bell 850J Dozer
Bell B30D ADT
Bell L1806D Wheeled Loader
Bell B1100 Drum Compactor
FMC Link-Belt 27 Ton Mobile Rough Terrain Crane
Caterpillar 422E TLB
Aard LP Grader
EJC LHD
Jarvis Clarke Explosive Charger
Hino Busses
Sandvic Drill Rigs
Generators
Prefab Accommodation Structures
Prefab Ablution Structures
Cargo Container Site Office Conversions
Cargo Containers

Auction Notes

In order to be approved for bidding, you are required to send us: the participation form (under downloadable documents), proof of payment of registration fee and FICA documentation

Notice To Purchasers

Buyers Premium : 10%
VAT / Tax : 15%
Payment Date : 20 September 2019
Payment Type : Wire Transfer
Collection Date : Before 27 September 2019

Additional Notes

This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 - Regulations

The Bidders Attention Is Drawn To The Following

The Rules of Auction can be found under the downloadable documents tab
The assets will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
The Sale of the assets is non-suspensive and not subject to any feasibility or any other condition required by the buyer.

Sale / Auction Is Subject To

A reserve or upset price
All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;
A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit.
The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties
The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price

 Event Details
  • Bidding Opens:   10 Sep 2019 08:00 PM
    Bidding Closes:   17 Sep 2019 02:00 PM

    Asset Location:
    Free State, South Africa

    Viewing Details:
    Strictly by appointment - 12/13 September 2019. Please contact Eben Oor on 083 316 9094

 Contact Details
  • Contact:   Albert de Menezes

    Email:   albert.demenezes@liquidityservices.com
    Mobile:   +27 (0) 76 795 3249
    Tel:   +27 (0) 21 702 3206

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