SOFT OFFER--HMS1 AND HMS2

SOFT OFFER

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VALIDITY SEVEN DAY'S FROM DATE OF ISSUE.

We on behalf of our Principal Seller, wish to confirm you with full corporate responsibility that, we are ready, willing and able to transact and sell the commodities HMS1 AND HMS2 80%-20%, with the following

specification, terms and conditions of Sales and purchases will be based on the following procedures.

2 Quantity : 360,000MTW.

3 Monthly Quantity : 30,000MTW.

4 Duration : 12MONTHS.

5 Origin : SOUTH AFRICA.

6 Loading Port : DURBAN PORT OR CAPE –TOWN.

7 Price : USD$245 CIF.

8 Destination port : ANY SAFE WORLD PORT.

9 Port of destination :

10 First Delivery : +/- 30DAYS

11 Inspection : CIS/CIQ GOVERNMENT APPROVED

12 Parking : CONTAINER OR BULK LOOSE

13 Payment Terms : 100% IRREVOCABLE, DIVISIBLE, TRANSFERABLE(DLC)

PROCEEDURE:

-Buyer issue loi/ICPO with NCNDA

-Seller issue Soft Offer

-Seller issues the signed Sales and Purchase Contract.

-Buyer signs confirm and returns the Contract to the Seller, both parties agree and are binding upon.

-Buyer Issues 100%LC must confirm as Irrevocable unconditional transferable or BG.

Within seven (7) days, the Seller issues Performance Bond being 2% of the total shipment value to

validate Buyer’s instrument.

-The Seller helps buyer to charters the carrying vessel on behalf of buyer for the shipment within

30days.

The Certificate for Quality + Certificate for NON-RADIOACTIVITY + Certificate for quantity and

Certificate stating age of the vessel (not more than 20yaers of age) shall be issued by

CLIMAX/CIQ/CCIC. appointed by the seller under supervision of the buyer’s representative at port of

loading.

The initial shipment can be ready after +/-30days you endorsed the final contract with us.