COAL (FOB ONLY)
GAR: 5.600 - 5.800
ASH: Maximum 14%
Sulfur: 0.99

1. 50,000 multiplied by 12 equals 600,000 metric tons.

2. Jetty Name:
a) Ex.tanito
b) Anugrah
c) Masindo
d) Deck
e) Durian
f) Jetty Makaramah

Location: East Kalimantan
Anchorage Name: Muara Berau

Time from Mines to Jetty: 25 - 30 hours
Time from Jetty to Anchorage: 26 - 28 hours

3. IUP OP SAE (PT Available)

4. Export License for Trader (PT. Available), from South Kalimantan

5. We have previous contracts with China.

6. Payment Terms: L/C USANCE
a) L/C USANCE maximum 60 days
b) Buyer can negotiate the price to become US$ 94.5 per ton
for two shipments, remaining as per ICI 2 prices.
c) Trial Contract: 12 months X 50,000 tons

Many Thanks.