To:
I xxxxxxxxxxxxxx, sales manager of xxxxxxxxxxxxxxxxxxxxx, having the legal
capacity required to sign this joint seller full corporate offer Nickel Ore with
full legal and corporate responsibilities confirm that we are ready, willing
and able to sell this unencumbered commodity to your company in accordance with
the terms and conditions as stated below and mutually agreed commercial
covenants, subject to the approval and acceptance of the final con
COMMODITY
|
Nickel Ore
|
MATERIAL
|
Nickel Ore 1,5%- up to 3%, rejection of 0,75%.
|
SAMPLE SIZE
|
> 10MM < 30MM – Lump (100% of production)
|
PACKAGING
|
Lose Cargo
|
HUMIDITY
|
5% TO 8%
|
PERIOD CONTRACT
|
12 MONTH - EXTENSIVE
|
QUANTITY
|
First until the third delivery: 5.000 MT/Month, after 30 days after
Third delivery: 10.000 MT/month
Total in the first year: 105.000 MT
|
PRICE
|
|
COMISSION
|
5% divided into 2 groups.
|
PACKING
|
BULK VESSELS
|
INSPECTION
|
S.G.S INSPECTION AT SELLER’S COST AT LOADING PORT.
|
INSURANCE
|
110% to be covered by the seller port of shipment: the address of the
port of VILA DO CONDE - PA.
|
PAYMENT TERMS: CONTRACT
|
IDLC - intransferable.
Bank top 25 with pop. Payment
BY Letter of Credit 100%, 40% of the payment released for payment of
logistics and mobilization of the mining to Porto, CIQ or SGS inspection
report by Intertek 60% of payment after conformation CIQ report Port of
embarkation release of payment. The company will not pay PB
|
BEGINNING OF THE 1st LOADING
|
20-30 days after opening the letter of credit.
|
IMPORTANT NOTE
|
As per agreement between
seller and buyer: The document shall be issued unconditionally by the buyer
as guarantee.
|
PROCEDURES
1
2
3
4
5
6
7
|
Buyer issues ICPO or LOI with
soft probe.
Seller issues FCO, buyer
signs, seals and return to the seller within 48 hours.
Seller issues sale and
purchase draft contract. Buyer signs seal and return the contract; seller
revises it, signs it and returns it to the buyer.
Seller
and Buyer exchange signed contract hard copies by express courier.
Buyer bank issue, payment
documents, and open SBLC, prime world bank Top 25, irrevocable, indivisible, intransferable
and confirmed, valid until end of contract, valid for the entire period of
same duration, (12) Twelve months.
In 45 days, seller´s bank issues an invitation
letter for inspection of SGS or similar through its.
Delivery starts as per contract terms and
conditions.
Bank – Top 25 worlds banks international acceptable.
40% of the
payment released for payment of logistics and mobilization of the mining to
Porto, CIQ or SGS inspection report by Intertek 60% of payment after
conformation CIQ report Port of embarkation release of payment
|
PROCEDURES FOR SALE
|
1. BUYER ISSUES LOI or ICPO including
buyer`s bank references with Full Banking
Details to END SELLER via + NCND /
IMFPA.
· Loi Must Include All the
Information of Buyer And All Financial
Information Regarding the Issuer of
the Loi Bank (Bank Top 25).
· If the seller does not accept the
bank informed, the buyer shall propose another
issuing bank.
· LOI TO xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx.
· NCND and IMFPA signed and sealed by
buyer.
· LOI / ICPO with Full Banking Details;
2. The vendor responds by means of
an SCO;
3. The buyer returns the signed
SCO.
4. The seller shall the draft
contract to the Purchaser do the validation;
5. The buyer returns the draft
contract signed by email, and send the original to the
address of the duly signed and
sealed
|
SPECIFICATIONS
|
SGS or CCIC or equivalent, IDLC - intransferable. Bank top 25 with pop. Payment BY Letter of Credit 100%, 40% of the payment
released for payment of logistics and mobilization of the mining to Porto,
CIQ or SGS inspection report by Intertek 60% of payment after conformation
CIQ report Port of embarkation release of payment.
|
DOCUMENTS
|
# Commercial Invoice#
# Bill of lading
# Inspection Certificate by SGS#
# Weight quality and issued by SGS#
# Certificate of origin#
|
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