Dear Associates,

We sell directly Brazilian Iron Ore Fine Fe 63.5% and Fe 64.5% from our END SELLER based in US. NONE BROKERS CHAIN HERE!!!!.

We only deal with END BUYER who has financial capability to open Bank Guarantee as a payment instrument.

Our rules is very simple:

1) Buyer open an Irrevocable, Unconditional, Confirmed, Assignable, Divisible, Fully Funded Bank Guarantee for the amount of  financial period agreed in the contract, with a maturity of 1 Year and 3 Months (allowance for delays). Other LFI’s (Liquid Financial Instruments) that may be used are MTN’s, Cash, Credit Facilities, and / or Dual Signature Accounts.  Instruments and Transaction Banks MUST be from Prime Top 25 World Banks, Western European Branches.

2) The financial instrument(s) stays in the buyer’s bank for the duration of the contract, maturity of the instrument or the successful completion of shipments equal to the instrument provided.

3) The Buyer receives all shipments per the contract equal to the financial instrument provided before the Seller draws down on the instrument(s) provided.

4) No funds will be drawn from the BG in Buyer’s Bank until maturity, 1 Year and 3 Months from date of issue, or upon the successful completion of shipments as per the contract.

5) Where permitted, Site or Port of Loading Visits (at the Buyer’s expense), will be coordinated with the Seller.  Prior scheduling and confirmation are required before such visits will be allowed.

PERFORMANCE BOND

The Seller shall issue its Performance Bond to the Buyer’s Bank for the amount of the financial instrument provided within 15-25 Banking Days of receiving the affidavit and notice from the Buyer’s Bank that the BG, SKR and MT760 has been received. The Performance Bond will remain in effect until the last shipment is loaded at the Port of Loading and all documents have been supplied to the Buyer. The Performance Bond is returned to the Seller, after successful completion of the shipments.

Should you be interested in, kindly reply to us your contact details (i.e: telp.no,fax. No, email, website,etc) along with your details enquiry.

Best Regard

Ryan Hidayat

Business Development Manager of Oredmas

Voice: +62 888 572 9513 / +62 856 4819 0307

Skype: oredmas

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