Vertical I · active
Gold, from the counter
to the refinery.
We buy doré and bars from artisanal and semi-mechanised producers in West Africa, through legal state channels, and deliver to refineries in Dubai.
01
The value chain, link by link
01 Local buying counters
Our agents buy at the counter, weigh and assess on site. The producer is paid in cash, immediately — the artisanal chain works no other way.
02 Legal state channels
Collection operates under licence and through the official export circuits of the country of origin. No lot enters our chain without a declared, verified origin.
03 Consolidation and sealing
Lots are grouped, sealed under number and photographed. The documentary file is complete before any movement.
04 Secured transport
Insured convoying, full-value specie insurance on lots in transit. Routes and schedules never travel in the clear.
05 Dubai refinery
Contradictory assay on receipt, then settlement at the offtaker price. The gap between field estimate and official assay is measured, recorded and tracked per counter.
02
The short-rotation model
Sixteen times a year, the same capital.
Performance comes not from unit margin but from speed. A full cycle takes 22 to 25 days; repeated sixteen times a year, it puts the same capital to work sixteen times. That is why a 2.5% net margin per turn produces a return on capital of around 23% — and why those two percentages must never be compared.
- 01Seller presented
- 02Weighing & assay
- 03Daily quotation
- 04Cash settlement
- 05Entered in the register
- 06Lot consolidation
- 07Secured transport
- 08Contradictory assay
- 09Refiner settlement
- 10Capital recycled
Five documents per lot, from counter to settlement.
03
Risk coverage
- Assay variance — deliberately conservative field estimate, statistical provision, tracking per counter and per agent, removal from the panel beyond the threshold
- Transit — full-value specie insurance, two qualified carriers, numbered seals
- Counterparty — complete and blocking know-your-customer file before any settlement
- Settlement — internal dual authorisation above USD 50,000
04
Specifications
- Product
- Doré and bars — artisanal and semi-mechanised production
- Purity
- Assay established contradictorily on delivery
- Origins
- Burkina Faso · Mali · Guinea
- Incoterm
- CIF exclusively — cost, insurance and freight borne by us
- Lot file
- Weighing · producer settlement · photograph · origin declaration · seal · assay certificate
- Target capacity
- 400 kg/month at cruising speed — progressive ramp-up