MERCHANDISE SPECIFICATIONS: Merchandise: Copper Cathode Fineness: 99,5% Assay: The material will be evaluated by the BUYER, upon delivery, by a person qualified to do so, certifying the content of 99,5 % +,/ - either at the International Departure port Terminal chosen by the SELLER. The appraisal report will be accepted by both BUYER and SELLER. If everything is in agreement, the material will be considered DELIVERED, by signing the respective Packing List and the payment will be RELEASED. Delivery: CIF Origin: East Africa Packaging: International standard pacquing metals. Contracted Quantity: Start with 20.000 tons, monthly increase of 10.000 tons until the required 50.000 tons are met contract duration 36 months CIF - ASWP Contract Period: Up to 36 months. Shipment: 1 month 20.000 tons, from the 2nd month, 30.000 tons, 3rd month, 40.000 tons, 4th month, 50.000 tons, from the 5th month, 50.000 tons are sent, until the end of the contract the for 36 months - CIF. NOTE1: The Mining Company does not charge for transportation the Cooper Cathod to the Departure Port chosen by the Seller, as this cost is already part of the metal's sales value. Price: LME (-) 17% ( Net to the buyer.) of the Cooper Cathod value in the LME - CIF History: Clean, clear, free of charge and without criminal origin. Payment: Through SBLC/ MT760/ MT799 / MT103/202 or similar Code Based on the final Assay report at Departure Port, against BL ...The Buyer used an MT-103 Wire Transfer inmediately.. MT 103 or similar. Deliver to: International destiny port ASWP CLOSING PROCEDURES: Buyer send LOI full And RWA. To Mr. Manuel GarcÂa Asin ( Commercial manager) Buyer send a ICPO in aceptance of the SCO ( ofert) Seller send the SPA. Outline of the issuance of Seller SPA (open for amendment) within 48 hours after receiving the approval of this supplier, with request of the Buyer on the total amount of required. Buyer signs and seals SPA and returns to seller. Both parties must present a copy of the SPA with the respective banks. At 3 (three) business days, the Buyer's Bank shall submit a SWIFT SBLC /MT760 or MT103/202 or similar Code to the Seller's Bank for the first 5,000 ton. to 10,000 tons. per month, for 36 months - CIF. Up on receipt and confirmation of the Buyer's SBLC/ MT760 or MT103/202 or similar code, the Seller's Bank will be confirmed by the Buyer's
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