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  • LOI Gold Merit

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    kapten jono
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    Gold Merit (L) Limited, located in Labuan, Malaysia, sent a letter of intent to PT. Abhiseka Sarwadha on March 23, 2010 regarding their interest in purchasing 40,000 metric tons +/- 10% of steam coal. The coal must meet certain quality specifications for calorific value, moisture, ash content, volatile matter, sulfur content, and size. Payment will be made through an irrevocable letter of credit payable at sight upon receiving a final certificate of origin and draft contract from the supplier.

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    Gold Merit (L) Limited, located in Labuan, Malaysia, sent a letter of intent to PT. Abhiseka Sarwadha on March 23, 2010 regarding their interest in purchasing 40,000 metric tons +/- 10% of steam coal. The coal must meet certain quality specifications for calorific value, moisture, ash content, volatile matter, sulfur content, and size. Payment will be made through an irrevocable letter of credit payable at sight upon receiving a final certificate of origin and draft contract from the supplier.

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    © All Rights Reserved
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    41 views1 page

    LOI Gold Merit

    Uploaded by

    kapten jono
    Gold Merit (L) Limited, located in Labuan, Malaysia, sent a letter of intent to PT. Abhiseka Sarwadha on March 23, 2010 regarding their interest in purchasing 40,000 metric tons +/- 10% of steam coal. The coal must meet certain quality specifications for calorific value, moisture, ash content, volatile matter, sulfur content, and size. Payment will be made through an irrevocable letter of credit payable at sight upon receiving a final certificate of origin and draft contract from the supplier.

    Copyright:

    © All Rights Reserved
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    of 1

    Gold Merit ( L ) Limited

    UO195,Jalan Merdeka,87007
    Federal Territory of Labuan
    Malaysian
     
    23 March 2010

    PT. ABHISEKA SARWADHA


    Attn    : Taufik
    Email   : taufik0808@gmail.com

    Subject: Letter of Intend


     
    We Gold Merit ( L ) Ltd hereby confirm with full corporate and legal authority and responsibility
    that we are ready, willing and able to purchase the following steam coal :
    Gross CV                                  : 6300 kcal/kg min rejection below 6100 kcal/kg
    T. Moisture (ar)                      : 16% max between 16-18% penalty. Above 18% rejection
    Inherent Moisture (adb)         : 10% max
    Ash (adb)                                 : 10% max between 10-12% penalty. Above 12% rejection
    V.M. (adb)                               : 42% max between 42-45% penalty. Above 45% rejection
    T. Sulphur (adb)                      : 1% max. Above 1% rejection
    HGI                                           : 40 min
    Size                                          : 0-50 mm 90% min
    Quantity                                  : 40.000mts +/- 10 pct at buyer’s
    option ( if the producer can allocated 50.000mts with loading
    second half of March 2010 appreciated)
    Payment                                  : Irrevocable LC payable at sight
     
     
    Kindly issue FCO and draft contract ASAP upon receiving this LOI.
    Thank you and I look
    forward to your favorable response.
     
    Your Sincerely,
     
     
    Jason NG

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