We express our interest in the sale of type B colombian thermal coal. We are prepared to start negotiations as soon as possible, based on the following proposal:
PRODUCT: Type B thermal carbon
QUANTITY: 60,000 MT 45 days
ORIGIN: Cucuta (Colombia)
FOB DESTINATION: Puerto Nuevo
PRICE: Negotiable
INSPECTION:SGS
HEATING POWER: 10,000 - 12,600 BTU with technical data sheets
DELIVERIES:Daily
CONTRACT DURATION: 1 year renewable
METHOD OF PAYMENT: FOB - MT 760 - SBLC
We inform our real intention to sell and deliver Type A Thermal Coal Ore, following international procedures under the following Terms and Conditions:
Product: THERMAL COAL TYPE A
Origin: Colombian
Minimum Quantity: 30,000 Tons in 45 days (+/-)
Full Contract: 12 months extendable, at the end of each period and increase in quantity if the parties so
Price: Negotiable
Port Delivery: FOB â?? Available Port â?? Lycan 45 days after firm contract
Port of Destination: Any port
Quality of product: Type A 7200-7400 Ptu/Kg Ptu/lb14400-14800
Ash: less 10%
Sulfur: less 1.00%
Volatile: Between 38.6-40.5%.
Inspection: Inspection of quantity and quality by a certified laboratory for export: (SGS) or similar at the port of loading, on the ship loaded at the buyer's expense.
THERMAL CARBON TYPE B.
Product Thermal Carbon Type B
Origin Colombia
Bulk Packaging
Payment Method: DIVISIBLE, NEGOTIABLE AND TRANSFERABLE SBLC/MT 103
Delivery Capacity One Hundred to Three Hundred Thousand (100,000 - UP TO 300,000 MT) MT/month
for sixty (60) consecutive months â?? five (5) years, with rolls and extensions.
Price (FOB Colombia)
Delivery FOB Colombia SGS inspection at port of shipment.
PROTOCOL TO START THE PURCHASE AND SALE PROCESS
The buyer will respond by accepting this SOFT OFFER through a Letter of Intent to
Purchase Soft L.O.I, in the terms described below duly signed by the Representative
Buyer Legal.
Bank Certification (BCL=Bank Capability Letter) maximum 10 days of recent issue by a Bank
Minimum Top-10, and that can be confirmed by a Triple-A Bank, with its respective certification of
funds to cover the first year's minimum business value.
Once the buyer's documentation is approved, they are given the NCNDA and IMFPA protections and the
draft of the Contract for review by both parties, when they agree with the terms
and conditions, the PURCHASE AND SALE CONTRACT is signed, preserving the corrections
made to the draft.
