Letter of Intent

	Letter of Intent
		Posted By: LOI= Letter of Intent	Post Response --- Flag message: Spam - Miscategorized - Scam
		Date: Fri Jan 21 01:46:40 2005
*In Response To: Brasil Iron Ore import*

: All china iron steel mill factory group company use china self - sufficient and supporting ability iron ore fines 300,000,000mt + import brazil brasil brazilian ,indian ,australia, peru ,south africa ,canada,iron ore fines total = 200,000,000mt per year;10%*200,000,000mt lumps;
: chensihong@cableplus.com.cn;
: chensihong@chensihong.org;
: fax 0086-21-56069484/62769182/62765692/56943847;
: 按过去的统计法:中华人民共和国保有资源铁矿砂,铁矿石储藏量:50,000,000,000MT,可利用资源的储备量:11,836,000,000MT;按新的统计法,中华人民共和国可采的,有经济价值的铁矿资源有12,000,000,000MT=All china have iron mine offer iron ore reserves /deposit;

: chensihong@cableplus.com.cn;
: chensihong@chensihong.org;
: fax 0086-21-56069484/62769182/62765692/56943847;
: www.chensihong.org;
: www.australia-brazil-china-india-iron-ore-bulk-vessel-ship-shipping.com
: Our group export offer iron ore fines fe 65.5%.,64.5% 6,000,000MT- 10,000,000mt;LOI=letter of intent +BCL to us,please;
: -----------------------------
: All china iron steel mill factory group company use china self - sufficient and supporting ability iron ore fines 300,000,000mt + import brazil brasil brazilian ,indian ,australia, peru ,south africa ,canada,iron ore fines total = 200,000,000mt per year;10%*200,000,000mt lumps;
: chensihong@cableplus.com.cn;
: chensihong@chensihong.org;
: fax 0086-21-56069484/62769182/62765692/56943847;
: 按过去的统计法:中华人民共和国保有资源铁矿砂,铁矿石储藏量:50,000,000,000MT,可利用资源的储备量:11,836,000,000MT;按新的统计法,中华人民共和国可采的,有经济价值的铁矿资源有12,000,000,000MT=All china have iron mine offer iron ore reserves /deposit;

LETTER OF INTENT

TO :www.chensihong.org
CC :
FROM : 买方BUYER

We, 买方BUYER hereby state and represent that it is our intention to purchase, and we hereby confirm that we are ready, willing and able to purchase the following commodity as per the specification and in the quantity and for the price as specified in the terms and conditions as stated below.

COMMODITY: Iron Ore
ORIGIN :brasil bresil brazil brazilian
PACKAGING: Bulk
CHEMICAL COMPOSITION: TOTAL Fe: 65 % min. (Rejection 64 %)
Al2O3: 1.23 %
SiO2: 0.26 %
TiO2: 0.72 %
PHOSPORUS: 0.14%
SULPHUR: 0.03 %
Cr2O3: 0.005%
K2O: 0.34 %
CaO: 2.4 %
MgO: 0.73 %
MnO2: 0.19 %
Na2O: 0.11 %
Moisture 8 % MAX (Loss at 105 degree)
Physical size:

<10 mm 90% MIN

>10 mm 10% MAX

MONTHLY QUANTIT : 60,000 DMT / Shipment / Month
CONTRACT LENGTH : 24 Months
LOADING PORT : As per supplier
DESTINATION PORT : T.B.D. - Major Port in China

PRICE : USD $ 69,00 net / DMT (+ ADD OUR COMMISSION – ANY AMOUNT POSSIBLE)
PRICE REVISION : 12 months
SHIPPING TERMS : CNF
FIRST SHIPMENT : Within 90 Days after receipt and acceptance of LC.

Balance as per final contract.

INSPECTION : Quality, Quantity and weight by SGS certified agencies or CCIC at Sellers cost at port of loading.
PAYMENT : 100% payment by LC at Sight Irrevocable, Confirmed, Transferable, Revolving, Documentary Letter of Credit
PBG : 2% to be submitted by seller
LOI VALIDITY : 5 days from the date of issuance

The Buyer is aware that this LOI is being issued on January 21, 2005 to Procure Network Asia, acting as their representative, to be presented to the Seller's representative.

This LOI is the only current active LOI and has been exclusively offered to Procure Network for the release of the FCO and Draft Contract. It takes precedence over any other LOI currently in circulation for this quantity and product.

The Buyer is of the understanding that any and all offers and/or contracts are subject to successful Seller verification of funds and that said Seller thus has written permission to
conduct a soft probe of the Buyer 's account.

BANKING DETAILS

Company Name:
Company Address:
Contact Person:
Telephone:
Fax:
Email:
Company Bank:
Bank Address:
Bank Complete Telephone Number:
Bank Complete Fax Number:
Bank SWIFT/ABA/Routing Number:
Bank Account Number:
Bank Account Holder:

Sincerely Yours,

(DOCUMENT MUST BE SEALED AND SIGNED
BY BUYER REPRESENTATIVE)

BUYER’s REPRESENTATIVE
买方代表签章
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