Gold / Silver / Minerals (Sellers) Published date: October 6, 2020

Buyer is expected to release a Top Bank Guarantee with duration of One Year and One Day.
The quality of this seller’s gold bars is normally between 22 and 23 Carats, Purity is 95 to 97%. The result of the final Assay at Buyer’s Refinery, will eventually be 24 carats while Purity is 999.9% as the final agreed Assay before Buyer will make their payment to the seller and Brokers.
This is 110% CIF transaction, as tax, Insurance and other expenses from Africa to the Buyer’s airport, are paid by the seller. Prospective Buyer is expected to provide Bank Guarantee in order to proceed with this transaction
Regards to Buyer Bank Guarantee, we have five options of LME Prices that will eventually profit the Buyer more. Please see options between 1 and 5 below and choose any One that may suit your requirements.

1.) Buyer who wish to issue SBLC for 600 kgs Value amounts of $38.4 Million with Duration of 366 Days which the monthly delivery is 50 Kgs every month X 12 Months Contract. The Price is LME Minus 15% Net Discount to Buyer.

2.) Buyer who wish to issue SBLC for 1,200 Kgs Value amount of $76.8 Million with Duration of 366 Days which the monthly delivery is 100 Kgs every month X 12 Months Contract. The Price is LME Minus 22% Net Discount to Buyer.

3.) Buyer who wish to issue SBLC for 3,600 Kilos Value amount of $230.4 Million with Duration of 366 Days which the monthly delivery is 300 Kgs every month X 12 Months Contract. The Price is LME Minus 28% Net Discount to Buyer.

4.) Buyer who wish to issue SBLC for 6,000 Kgs Value amount of $384 Million with Duration of 366 Days which the monthly delivery is 500 Kgs every month X 12 Months Contract. The Price is LME Minus 35% Net Discount to Buyer.
5.) Buyer who wish to issue SBLC for 12,000 Kilos Value amount of $768 Million with Duration of 366 Days which the monthly delivery is 1,000 Kilos every month X 12 Months Contract. The Price is LME Minus 42% Net Discount to Buyer.

PLEASE NOTE: The seller will provide 2% PB. There will be Penalty of 5% against any Party that fails to honour the contract. Please Consider the most appropriate and convenient option above for you, as to enable us provide FCO/SPA in order to proceed with this transaction.

Contact us for details - info@golddeliveryservice.com

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