ONLINE AUCTION OF GOLD RECOVERY AND ASPHALT PLANT EQUIPMENT – LOTS INCLUDE ELECTRIC MOTORS, GEARBOXES, FEEDERS, SCREENS, CRUSHERS, ROLLERS, CONVEYORS, TANKS, SUBSTATIONS AND MORE – ALL LOTS LOCATED IN SOUTH AFRICA

REGISTRATIONS ARE OPEN EVEN IF AUCTION IS ONGOING
ALL LOTS TO BE SOLD SUBJECT TO CONFIRMATION TO HIGHEST BIDDER
ALL REQUIRED DOCUMENTS FOR THIS AUCTION CAN BE FOUND ON OUR BIDDING PLATFORM OR ON OUR WEBSITE (AT THE BOTTOM OF THIS PAGE)
ALL LOTS ARE LOCATED IN SOUTH AFRICA

WHATSAPP LINES
WITHIN SOUTH AFRICA:
(+27) 66 274 9808

INTERNATIONAL:
(+507) 6889-8047

REGISTRATION DEPOSITS AND CURRENCY PAYMENTS
ACCEPTED CURRENCY: ZAR OR USD
REGISTRATION DEPOSIT OF R2000 OR $200 REQUESTED
ALL FICA/DUE DILIGENCE DOCUMENTS MUST BE SUBMITTED ALONG WITH REGISTRATION FORM AND PROOF OF DEPOSIT PAYMENT TO panabidafrica@outlook.com

BUYER’S PREMIUM
10% BUYER’S PREMIUM CHARGED ON ALL LOTS SOLD

SALES TAX AND OTHER EXPENSES
TAKE NOTE THAT VALUE ADDED TAX (VAT) IS CHARGED ON THE 10% BUYER’S PREMIUM AND ON THE PURCHASE/SOLD PRICE
15% VALUE ADDED TAX (VAT) ON SOLD PRICE (PURCHASE PRICE) OF LOTS LOCATED IN SOUTH AFRICA
15% VALUE ADDED TAX (VAT) ON 10% BUYER’S PREMIUM OF LOTS LOCATED IN SOUTH AFRICA

VIEWING
VIEWINGS CAN ONLY BE MADE WITH PRIOR ARRANGED APPOINTMENTS

VIEWING CONTACT INFORMATION
SOUTH AFRICA – (+27) 66 274 9808 OR (+27) 72 255-0080

ASSET COLLECTION
DURING NORMAL WORKING HOURS
MONDAY – FRIDAY BETWEEN 08:00 TO 16:00 SAST

COLLECTIONS & REMOVALS
GENERALLY 21 WORKING DAYS FROM CONFIRMATION OF ASSETS, BUT MORE TIME CAN BE ARRANGED IF NEEDED
ALL ASSET REMOVAL COSTS ARE AT BUYER’S OWN EXPENSE
CRANE FACILITIES ARE AVAILABLE FOR HIRE, DETAILS CAN BE SUPPLIED IF REQUESTED
TRANSPORT SERVICES AVAILABLE FOR HIRE, DETAILS CAN BE SUPPLIED IF REQUESTED
LIMITED ASSISTANCE WILL BE GIVEN BY NIMSI/PANABID AFRICA PERSONNEL

INVOICING & PAYMENTS
ALL INVOICING WILL BE DONE ON CONFIRMATION OF ASSETS
INVOICES WILL BE SENT VIA EMAIL TO SUCCESSFUL BUYERS
ALL PAYMENTS CAN ONLY BE MADE VIA WIRED/ELECTRONIC BANK TRANSFERS
EXCHANGE RATE AS ON INVOICE DATE FOR CUSTOMERS PAYING IN USD

RELEASE OF ASSETS
ASSETS WILL ONLY BE RELEASED ONCE FULL PAYMENT REFLECTS IN THE NOMINATED BANK ACCOUNT OF PANABID AFRICA OR PANABID
PROOF OF PAYMENT FOR ASSETS MUST BE GIVEN TO TRANSPORTER OR SHIPPING COMPANY THAT COLLECTS ASSETS