Online Auction of Copper, Batteries, Mixed Grade Wooden Railway Sleepers, Assorted Office Furniture, and much more.
Lot Closing: 15/09/2021 2:00 pm
Sale Method: Online Auction
Auction Notes: Auction Notes: To be approved for bidding, we require: R50,000.00 registration fee, completed participation form and FICA documents. The participation form document can be found on the lot, under “Documents” FICA documentation, completed and signed participation form to be emailed to firstname.lastname@example.org
Buyers Premium: 7%
VAT / TAX: 15% VAT applicable on commission and purchase price
Payment Type: EFT
The Bidders Attention Is Drawn To The Following:
Extracted from the participation form:
3.8.1 Non-ferrous Copper lots:
184.108.40.206 Post collection of the copper, the buyer may not sell the copper to another dealer.
220.127.116.11 Post collection the buyer must sell the copper directly to a local foundry within 1 week of collection being completed.
18.104.22.168 Once sold to a local foundry the buyer is obligated to send the delivery note received from the local foundry to Evan.Scannell@transnet.net and must include the following:
– Confirmation of the total tonnage sold to them.
– Must include the company details of the local foundry
– Must include identification/description of the lot sold to them
22.214.171.124 Transnet reserves the right to verify that the full tonnage collected from Transnet has been sold directly to a local foundry.
126.96.36.199 Collection of the various grades of copper will be scheduled by Transnet where the buyer of the highest grade collects first, then the buyer of the second grade and lastly the buyer of the low-grade copper (this is to secure the lot in the interest of the buyers.) Buyers MUST adhere to the scheduled removal dates and if unable to collect on the date specific provide an alternative date that falls within 2-3 working days from the suggested date.
188.8.131.52 Buyers need to note that all equipment to process, sort, cut and load the copper needs to be provided by the buyer at their own cost.
184.108.40.206 Tonnages are estimates and will be subject to being weighed to determine the actual tonnage collected. Where there is no Transnet weighbridge within the immediate vicinity, costs of weighing at any other closest facility will be for the buyers’ account. All loads must be weighed with a Transnet representative present and one copy of every weighbridge ticket must be provided to the Transnet representative.
Bidding Opens: September 1, 2021 9:00 am
Bidding Closes: September 15, 2021 2:00 pm
Asset Location: Various Locations Throughout South Africa
Viewing Details: Please contact agent
Contact: Herman Liversage
Mobile: 082 452 8811
Telephone: 0860 00 00 10