SOFT CORPORATE OFFER
We hereby confirm, under company’s perjury, that we are ready, willing and able to deliver commodity with the terms and specifications as below
1. Product : Construction (Wash-River) Sand
2. Origin : Zambales, llipines
3. Usage : Construction
4. Specification (TYPICAL):
| Moisture | Max 6%, rejection >12% |
| Chloride | Max 0.002%, rejection >0.03% |
| Sizes | 2.3mm-4mm (max.80%) |
| Color | Grey |
| Gravity | 3.0 (average) |
5. Price : USD 9.00/Ton
6. Packing : Bulk
7. Term : FOB MV
8. Min.Trial Shipment : 50,000 MT
9. Contract Volume : 200,000MT/month
10. Delivery Schedule : Maximum 30 days after Sight L/C or DP received.
11. Loading Port : ASWP Zambales, llipines.
12. Payment : 100% TT or Irrevocable Sight L/C with TT-Reimbursement
Clause, Final at loading port.
13. L/C Documents : BL, Invoice, Packing List, COA/COW, CO
14. Surveyor : SGS
15. Procedures : a. Seller issue SCO
b. Buyer respond to the SCO with LOI.
c. Seller issue FCO
d. Buyer countersign the FCO and send back with PO.
e. Buyer inspects sites within 7 (seven) days after SPA.
e. Seller issue Proforma Invoice.
f. Buyer issue SIGHT LC accordingly
g.Deliveryshallcommence,
Seller, TERRA RESOURCES LTD E:
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