We are miner and seller , hereby confirm with full corporate responsibility that we
are ready and able to enter into a purchase contract for the following commodity as per the
quantity, price, specification, terms and conditions to be stated. This letter of offer is subject to
final approval and agreement by Seller and Buyer and all the terms and conditions herein as
well as the subsequent Contract of Sale and Purchase including any amendments or variations
thereof, all of which has to be agreed by both parties hereto. We are pleased to offer subject
to confirmation as follows:
COMMODITY : Steam (non-coking) Coal
ORIGIN : Indonesian origin
GRADE : 6300kcal
QUANTITY : 100,000mt +/- 10% moloo x 12 months
CAPACITY : up to 300,000 per month
SHIPMENT QUANTITY : 50,000mt x 2 shipments per month
PAYMENT : By Irrevocable Confirmed Documentary Letter Of Credit 100% at sight
PRICE PER TON: Base on discharge port.
LOADING PORT: Taboneo Sea Anchorage - Indonesia.
LOADING RATE: 10,000 mt PWWD SHINC
EXPECTED COMMENCEMENT OF LOADING: 3 weeks upon received LC confirmation
SHIPMENT/PACKING METHOD: BULK
INSPECTION:
1.By CCIC - Original Certificate of Quality and Quantity to be issued by CCIC Jakarta paid by
Seller at Port Of Loading
2. CIQ inspections at Port of Discharge paid by Buyer. If CIQ certificates is not provided within
5 working/banking days of ship arrival, CCIC inspection Reports will be taken as standard