Mr.Huat Hi, First, on behalf of the shareholders would like to thank you for the sincerity and your enthusiasm for our cooperation. We like you, especially in the business are honest and enthusiastic people. According to your request, I will paraphrase summarize the formation of a mountain not worth anything about economics, Until today it is an asset generated significant profits. To get the license for exploration and exploitation of government, we must carry out the following steps: 1. The land must be zoned into areas declared minerals prescribed by the government. 2. Must be licensed from commune to district, to the provincial People's Committee of Khanh Hoa provincial authorities, then continue to apply for a license from the ministry centrally uong- Hanoi include Southern Mineral Dept, Ministry of Environment and Natural Resources, 9 related agencies determined the operation of the mine will not affect the environment for rights to explore, to get approval of the steps procedures such as conducting writing projects, plant design + build + appraisal evaluating fire protection, supervision consultancy contract, conversion of natural land into construction land plants ( current land prices in the mining sector # 700 million - 1 billion / ha with the status remains the natural forest, land mine while we were cleaning up the entire tree forest). At this point, you probably also know, to complete the above steps, we have "cost" a lot of money, effort and time. 3. According to the survey document of specialized government agencies , mines we now have reserves of 3 million m3 (3 million x 2 million = 6000 billion VND) and are allowed to exploit for 50 years, tried to make a small calculation according to the lowest practical possibilities: Quarrying Crude: 3000m3 x 2 million = 6 billion VND / month One year revenue was 72 billion ... x ... x 10 years 5 years ... this is only the basic raw materials, fact we will produce finished stone, so the actual value will increase many times Additionally, take advantage of quarrying and permit operation of the plant and infrastructure, we can conduct commercial business benefit profit in a very short time. -As overview presentation quarries above us, I think that with the expertise and long experience in this field, you can perceive the reality and feasibility of for investment projects of minh.Dieu which also demonstrates that you invest in (buy) a profit earning assets rather than real consumption (Robert Kiyosaky) -According to your request: want to know about the weak components 4 million dollars worth of 2 mines ?. Through the above interpretation may you also capture the most responses, as well as the real value of the mines in question. Actually, we are ready to provide you with all the official documents have been paid for the creation of mine, there is nothing to hide each other. However this does not mean anything, because that's just the tip of the iceberg, the real cost is the sink ... Moreover, we want to cooperate with you, that we will be in a home, but we do not buy and sell the mine to you, we want to see our future in the long range. So I can honestly and confidently tell you that: the value of 2 mines (4 million dollars) at the moment in the market price of minerals Vietnam is entirely for the purpose of long-term cooperation, indeed that is cheaper than the market. -Regarding your questions: "Products made in the first year each party owns 50%, the production cost Party B. Party A shall bear all costs related to the government. From the second year onwards, all costs incurred are calculated for the Company; profits are distributed evenly between the parties according to the proportion of capital 50-50 " I will explain to you understand why: normally, in Vietnam for large and long-term projects, the procedures for Administrative very troublesome and often "complicated", but there are a lot of costs "unofficial" so difficult to measure with you. So to make it easy for you and avoid the hassle and questions without answers ... we have divided responsibilities as above. However, if you feel inappropriate, we can talk it over, or you could suggest a better idea. -The investment in machinery and equipment for production: As mentioned above, we is a working together to create the highest profit with the lowest cost possible. Therefore, investment in equipment should follow the most logical trend, with the knowledge and experience you have in this field, but not necessarily all have new, it is important to ensure the capacity and product quality. -Regarding environmental pollution problem, in fact we were worried it then because we are legally responsible. Hopefully with a short presentation will answer the questions of you. To be fair cooperation, clear and durable, if there's anything unclear, we will work together to clarify before proceeding to cooperate. -Regarding cooperation plan, we have discussed the contents previous memo. You can refer back to and suggest additions or edit ... then we will agree on general comments and concluding an official contract. The body Hi, VuNguyen.
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