Commodity : 99.99% Copper Cathode Origins : Zambia, Congo Quality : Grade A Copper Cathodes: Cu 99.99% Purity. Be rejected by Cu below 99.97%. Dimension : 914mm x 914mm x 12mm (LME Standard) WEIGHT OF EACH SHEET: 125kgs (+/- 1%) NET WEIGHT OF EACH PALLET: 2MTS (+/- 1%) Price : LME -17% discount II.MOQ : 500MT Trial III.PRICE : LME less 17% Discount, Net to Buyer IV. PERFORMANCE BOND : 2% V. PAYMENT : Revolving, Irrevocable, Confirmed, Negotiable & Non-Transferable Documentary Letter of Credit (DLC) MT 700 / SBLC(MT760) under MT 103 Release VI.COUNTRY OF ORIGIN : Congo VII.LOADING PORT : Dar es Salaam VIII.DESTINATION PORT : CIF any Safety port IX.PROCEDURE 1) Buyer favors the Seller with a Letter of Intent (LOI) + POF(BCL) 2) Sellers issues a Full Corporate Offer (FCO) to the Buyer 3) Buyer Accepts the FCO and returns it to the Seller 4) Seller issues a Sale and Purchase Agreement (SPA) to the Buyer 5) Buyer signs the SPA and returns it to the Seller 6) Upon Receipt of the Non-Operative DLC(or SBLC) from the Buyerâ??s Bank, Seller gives Proof of Product (POP) via Video Clip of the Product with the Name of BUYER and Current Date Encrypted in the Background and Mineral Analysis Report, Certificate of Origin & Export Certificate 7) Buyer`s Bank opens a Operative, Revolving Documentary Letter of Credit (DLC or SBLC) in favor of the Sellerâ??s Bank 8) Such a DLC shall be Operative, Irrevocable, Confirmed, Negotiable & Non- Transferable 9) Within 5-7 days of receipt of the Operative DLC(or SBLC), Sellerâ??s Bank will issue a 2 % Performance Bond to the Buyerâ??s Bank for all Shipments Equal to or Greater than 1,000 MT 10) Loading of Goods outward bound for the Loading Port will commence within 15 Days of receipt of the DLC by Sellerâ??s Bank 11) Buyer is invited to the Loading Port of Dar es Salaam, Tanzania, during Inspection by SGS /CIQ or any other Acceptable Inspection Company if need be. 12) The Inspection Company Inspects the Goods as they are being stuffed into Containers in the presence of the seller / Sellerâ??s Agent and an Assay Report is issued 13) Seller pays all costs of the delivery up to Buyer�´s Port of Destination 14) The cargo is booked into the Shipping Lines Company & Bill of Lading Issued 15) Based on this Inspection Report, the Seller sends Proforma Invoice along with the Bill of Lading and the other documents to his Beneficiary Bank who makes arrangements to transmit them to the Buyerâ??s Bank, electronically in line with ICC Rules UCP 600. 16) Once the Product reaches the Port of Destination, a Final Inspection is Conducted by SGS/ CIQ or any other Mutually Agreed on International Inspection Company 17) Based on this Inspection (Assay) Report, the Buyerâ??s Bank in less than , credits the 100% Value of the Invoice via TT / MT103 to the Account of the Seller against the Shipping Documents.