We have 3,**0,**0 MT. stockpile of Iron
Ore-Titanium Magnetite Tailings as per the attached Analysis
report. It is available immediately and can be sold FOB.
All logistical arrangements are in place and this product can be
moved as early as October ***5(second/third week). As per our
logistical plan, we can move *- **0,**0 MT. on a monthly basis. Or
a weekly pickups of *0,**0 MT.
Price: $**0.*0 USD per MT.
FOBRichards Bay, South Africa
Commission: Seller pays for the seller\'s side of
commission. Buyer pays for the buyer\'s side of
commission.
Procedures:
Buyer issues ICPO on their
letterhead with full banking details and company details including,
addresses and phone numbers and signature and seal of the principal
buyer, the corporate profile for the company and the scanned
passport picture page of the principal buyer.
Seller issues the Draft Contract
for the Buyers signatory.
The
Buyer executes the contract and returns it to the seller.
.
Both parties lodge the dually
endorsed contract with their respective banks and the Buyers Bank
issues an Irrevocable, Non-Transferable, Confirmed, SBLC/BG on
MT**0.
Within *8 hours after the
receipt and confirmation of the Payment Instrument, the lifting
commences and the Sellers Bank shall swift the Full POP Documents
to the Buyers Bank alongside with the 2% Performance Bond
(PB).
Buyer shall supply his own ship
and provides a Q*8, plus agreement with the shipping company for
the first lift.
The
buyer instructs his bank to release the payment via
MT**3.