The Citizen (Gauteng)

Assets, parts up for grabs

ON SHOW: SALE TO APPEAL TO THOSE INVOLVED IN MINING, ENGINEERIN­G AND RECYCLING

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Office furniture – desks, chairs, filing cabinets, computers will also be on offer.

Park Village Auctions (PVA) will soon make available assets from the internatio­nally acclaimed pioneers of vertical sinking shafts, Shaft Sinkers (Pty) Limited, which is currently in business rescue.

The sale falls under the auspices of PVA’s business rescue division which specialise­s in facilitati­ng sales that help businesses which are experienci­ng difficulti­es raise liquid capital.

LeRoy Augustyn of PVA says that most companies which fall under this banner are simply in need of a capital injection to continue operating, and therefore, represent an excellent opportunit­y for investors.

“We expect to see a good showing at the upcoming sale,” he said. “The assets and parts up for grabs will, naturally, appeal to those involved in mining and engineerin­g and further represent a great opportunit­y for those who run metal salvage, recycling, and recovery operations as well.”

Assets to go under the hammer comprise five Compair L250-7 air compressor­s, a 30-ton overhead crane, assorted 800, 2000, 2500 Kva transforme­rs, winder motors, winder drum halves, welding machines, high-pressure washers, bull bearings, steel containers, sheaves, lathes, pedestal drills, hydraulic power packs, milling machines, hydraulic presses, work benches, tool boxes, and assorted shelving.

Under spare parts, winder control panels, lashing unit gearboxes, lashing gear brakes, electric motors, crossheads, hydraulic cylinders, sheave wheels, cactus grabs, S40 drill parts, loader tracks, ventilatio­n fans, winder spare parts, hydraulic hoses, and batch plant spares will be sold.

Vehicles to be auctioned include two 2010 Hino 500-1626 rigid trucks, seven 2011 Toyota Hilux 2.5 D4D LDVs, three 2010 Mazda BT50 2.5TDI LDVs, a 2012 Toyota Quantum 2.7 minibus, five 2012 Ford Ranger 2.5 LDVs, a 2006 Tata 713 rigid truck, a 2007 Toyota Hiace minibus, an Iveco minibus, a VW Transporte­r minibus, dismantled drill rigs, undergroun­d load haul dumpers, a Manitou MVT 675 telescopic forklift, and a Tandano SWL 20-ton mobile crane.

Finally, assorted office furniture including desks, chairs and filing cabinets, and computers will also be on the block.

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