DEAR SIR/MA
We see
your advert that you are interested to buy gold,
below is our procedure
1 We sell on CIF
basis from 500 KG and above
2 The buyer shall issue NON OPERATIVE SBLC
(STANDBY LETTER OF CREDIT) from a prime bank.
3 .The seller shall issue 2% PERFORMANCE BOND
to activate the SBLC..
4. Payment will be made after assay,
As you aware, the conditions are not favorable
in
Ghana to deal
on CIF. Transactions on FOB are handled by PMMC, which is the government
agency responsible for sales of gold on behalf of government. They deal
strictly on cash to cash basis; of course, the government price would be
offered to prospective buyers, which would be above our current CIF
price, which is $ 23,000 that we have offered.
Based on this, we have a fiduciary/financier in
Europe and America that handles our finances in the purchase and payment
of gold including shipment and documentation to the buyers final
destination/Refinery.
If the above conditions
are acceptable to you, then you should issue LOI (LETTER OF INTENT),
which would enable us to issue FCO (FULL CORPORATE OFFER) and
subsequently, SPA (SALES AND PURCHASE AGREEMENT)
Thanks and best
regards,
Best regards
ATO ASHEKU |
