COAL

hank you and best regards.

T

We look forward to conclude this business arrangement in due course.

First shipment begins as per agreed schedule.

SELLER issues 2% Performance Bond, LC becomes operative.

Buyer issues Non-operative Letter of Credit.

SELLER issues attachment of company profile / details to buyer.

SELLER Signs, seals all 3 copies and couriers 1 copy back to the Buyer.

Buyer signs and seals 3 hard copies of the SPA and couriers to SELLER.

SELLER issues Sales & Purchase Agreement (SPA) to Buyer.

Buyer issue ICPO to Seller after received Seller Soft Offer.

Procedures :-

the above date.

11.Offer Validity                            :       Valid seven (7) working days from

Balikpapan Bay, East Kalimantan

10.Port of Loading                         :       Taboneo, South Kalimantan or

Balikpapan Bay, East Kalimantan

9. Jetty                                        :       Taboneo, South Kalimantan or

8. Product Certificate                    :       SGS or equivalent laboratory.

Credit.

to 2% of the total value of the Letter of

providing Performance Bond equivalent

become operative upon Seller (us)

provide Non Operative LC which will

7. Performance Bond                  :       After signing Contract, Buyer will

upon the receipt of the Letter of Credit.

100% TT Reimbursement  45 days

first class International Bank allowing

Conditional 100% LC at sight issued by

6. Payment                      :         Irrevocable, Confirmed, Transferable

5. Price                            :         USD 69.00 FOB Mother Vessel

contractual basis

4. Quantity                     :   50,000 MT 100,000 MT on                       

0 50 mm

Size

40 45

HGI

6300 6100

Gross Calorific Value (ADB)

< 1.00 %

Total Sulphur (ADB)

By difference%

Fixed Carbon (ADB)

39 45%

Volatile Matter (ADB)

8 12 %

Ash Content (ADP)

10 15 %

Inherent Moisture (ADB)

12 - 18 %

Total Moisture (ARB)

MIN