COAL

Product detail:

SOFT CORPORATE OFFER We INDONESIA STEAM COSL with fully supported by local governments, Shipping Company and other miners local corporation based in East Kalimantan, South Kalimantan, South Sumatera hereby confirm Full RESPONSBILITY UNDER PENALTY and PERJURY that we prepare to enter into a contract for the SELL & PURCHASE of the following commodity as specified below, with the following and conditions offer to include financing / funding the commodity and all permits. COMMODITY: 1. Coal, Product Specification and On Forward Price Quote ( Contract Base) : 1.1 GCV ( adb) 5300 reject 5100 1.2 GCV ( adb) 5500 reject 5300 1.3 GCV ( adb) 5800 reject 5600 1.4 GCV ( adb) 6300 reject 6100 1. MINE SOURCE Our steam coals are produced from our mine located in Province East and South Kalimantan Indonesia. 2. QUANTITY / SHIPMENT Quantity : 1.200.000 MT up to 2.400.000 MT per annum Shipment schedule : 21 days in lots of 100.000 MT ( + 10% ) FOB or TMV size Vessel Prompt shipment with exact lay can to be mutually agreed by both parties. 3. QUALITY : Total Moisture ( AR) : 16-18 M % Inherent Moisture ( ADB) : 10- 09 % Ash ( ADB) : 17-20% Total Sulphur ( ADB) : 07-2% Volatile Matter ( ADB : 35-45% Fixed Carbon ( ADB) : By Difference HGI ( ADB) : 38-50 approx TM ( 8% - 18% ) AR IM ( 3, 5% - 12% ) ADB ASH ( 14% - 18% ) ADB VM ( 24% - 45% ) Approx TS ( 0.8% - 2.0% ) Max FC By Difference HGI ( 40% - 45% ) Approx SIZE : 0-50 mm - 90% 50, 000MT - 100, 000MT/ Month TM ( 14% - 19% ) AR IM ( 8% - 12% ) ADB ASH ( 9% - 16% ) ADB VM ( 24% - 45% ) Approx TS ( 0.5% - 1% ) Max FC By Difference HGI ( 44% - 50% ) Approx SIZE : 0-50 mm - 90% 50, 000MT - 100, 000MT/ Month PRICE QUOTE / DMT / GCV: 1. Gross Calorific Value ( ADB) : 6300 Kcal/ Kg ( equivalent 6100 Kal/ Kg As Received) Price 69 USD/ MT Payment Cash 2. Gross Calorific Value ( ADB) : 5800 Kcal/ Kg ( equivalent 5600 Kal/ Kg As Received) Price 59 USD/ MT Payment Cash 3. Gross Calorific Value ( ADB) : 5500 Kcal/ Kg ( equivalent 5300 Kal/ Kg As Received) Price 46 USD/ MT Payment Cash 4. Gross Calorific Value ( ADB) : 6300 Kcal/ Kg ( equivalent 6100 Kal/ Kg As Received) Price 74 USD/ MT Payment LC 5. Gross Calorific Value ( ADB) : 5800 Kcal/ Kg ( equivalent 5600 Kal/ Kg As Received) Price 66 USD/ MT Payment LC 6. Gross Calorific Value ( ADB) : 5500 Kcal/ Kg ( equivalent 5300 Kal/ Kg As Received) Price 55 USD/ MT Payment LC PAYMENT METHOD: 3.11 Partial Cash Payment in 50% : 50% , 3.12 100% at sight payment, Irrevocable Transferrable Letter Of Credit ( L/ C) . INSPECTION SURVEYOR The SGS or its local affiliate Inspection Surveyor: PT SUCOFINDO, CCIC, PT. Geoservice, PT. Carsurin Thanks for your kind attention and co-operation. Your immediately Irrevocable Letter of Intent ( LOI ) ,Irrevocable Corporate Purchase Order ( PO ) and Draft Contract and Draft L/ C or SKBDN will be highly appreciated. We look forward to hear from you soon. Best regards LUKMAN