Balikpapan, Sep07, 2022

No. : 082/FCO-EG/PRO-GIP/VIII/2022
Subject : FCO NCV 3800-3600 Kcal/Kg
To : GALAND CONSULTING & TRADING LTD
Attn : Ms. Ariel Dou

FULL CORPORATE OFFER

Dear Sir,
We, PT. GLORY IRFAN PERKASA, hereby confirm that we are ready, willing and able to supplied the following
commodity as per specification and in quantity as the price specified term and condition as stated below. This
offer is made with full corporate authority and signed by Authorized person whose names are stated below.
Item Unit Typical Rejection
Total Moisture % (arb) 20% 33%
Inherent Moisture % (adb) 22% 36%
Ash Content % (adb) 6% 10%
Volatile Matter % (adb) 25% 38%
Fixed Carbon % (adb) By Difference -
Total Sulphur % (adb) 0.5% ≤ 1%
Net Calorific Value Kcal/kg (arb) 3800 Kcal/Kg 3600 Kcal/Kg
HGI - 50
Size (0 – 50 mm) mm 0 – 50 90

Below is our company partnership for your perusal.

- PT. Glory
1. Mine Name

2. Mine location East Kalimantan

3. Mine Map Appendix
- 540/001/IUP-OP/MB-PBAT/I/2014
4. Mine IUP - 503/963/IUP-OP/DPMPTSP/V/2019
- 503/1184/IUP-OP/DPMPTSP/VII/2018
 5. Mine JORC Appendix
-T129.RKAB/MB.05/DJB.B/2022
6. Mine RKAB for year 2022 -T-996.RKAB/MB.05/DJB.B/2022
- T-64.RKAB/MB.05/DJB.B/2022
7. Contractor license No.545/05EKSPLOITASI/EKONOMI/XII/2006
8. Mine distance to Jetty ± 10 – 15 Km
9 Jetty Name Jetty MNC, Jetty SJA, Jetty Indokal
10 Jetty license Appendix
11. Contract between Mine Owner and Jetty (Slot Contract) Depending of request Slot
Jetty Facilities eq. conveyor, crushing nos, truck, etc.
12. 800 – 1200 MT/Hours
Loading rate per barges per day
13 Name of anchorage point Muara Berau , East Kalimantan,

Term of Payment and Condition:

v Term of Condition Shipper : FOB VESSEL
v Price Offer : USD 78/MT
v Term of Payment : LC at sight
v Anchorage Point Barge : Muara Berau, East Kalimantan

v Supply Per Month : 50.000 MT/ ± 10%

v Loading Rate on Jetty : 800 – 1200 Ton/hr
v Barge Capacity : Max. 300 feet
v Validity FCO : 1 Weeks.

PT. GLORY IRFAN PERKASA

Best Regards,
Comments :

We have checked with the facoty in

Xiamen, their purchase target price is
RMB 750 per dry metric ton ( DDP China).
For this FOB price (78+shipping cost 18$)
Director
*1.13*exchange rate+discharge coste 26¥/
metric, the final price cant reach the
facotry’s target price.

Please consider the situation and offer the

discount of 2$, may be we could close the
order.

Thank you so much.