LODOS ESPAÑA IRON ORE PRECIO FOB (SOLO X 10 DÍAS)

Date: December- 2011 1. ASSETS. – Material Iron Ore (Fe) Mineral Law of 58% up 70% 2. QUANTITY. – 4.000.000 to 7.000.000 TM 3. FORM. – Sludge pre – concentrate 4. INSPECTION AND ANALYSIS. – Analysis in mine field or delivery to the Port 5. ORIGEN. – España 6. DELIVERY. – 120.000 TM per moth FOB Almería/España 7. PRICE.- F.O.B. Maximum Price $us 95 for 70% iron ore Intermediate Price $us. 88 for 63% iron ore Minimum Price $us. 83 for 58% iron ore…US$ 1 per 1% up 8. DURATION.- Spot 4.000.000 TM to 7.000.000 TM 9.- PACKING.- Bulk 10. FORM OF PAYMENT.- The buyer agrees DLC Non-Transferable, Irrevocable, No divisible. DLC payable within 30 days after having given the iron ore port in Almería, the seller will not issue a performance bond for the buyer. 11.- PURCHASE OPTION • The way to sell is through a purchase option for four months, amounting to 100,000 €. During that time the seller would get the permits to step up to the port, which has committed, would perform the access lanes to the road transport and make the analytical approved eight rafts. PROCEDURE 1. Buyer submits Letter of Intent (LOI) with full banking coordinates with authorization for seller verification of capability. Or, Buyer can submit LOI with bank capability letter (BCL). All parties involved sign NCND agreement. 2. The seller accepts the buyer's LOI and sends the Draft Contract for Sale of Iron Ore and Option Agreement for € 100,000 and 120 days for delivery. 3. The buyer and seller correct, negotiate and approve the terms of the Sale of Iron Ore and the Option agreement, exchange documents via fax or electronic copy by email. 4. The buyer sends the seller, the Contract and the Purchase Option Agreement signed and notarized by email and hard copy by regular mail. 5. The seller to the buyer returns the documents in the same way. 6. The buyer before the release of € 100,000 visits the iron ore deposits and performs the verification. Following are disbursed to 120 days for first delivery of 120,000 MT. 7. After the visit and verified the information provided by the seller the buyer within a period of 3 days delivery to the buyer's operational DLC THIS PROCEDURE CAN BE MODIFIED BY AGREEMENT BETWEEN PARTIES OFFER VALID FOR 10 DAYS ————————————————————————————————————- POR FAVOR, COMUNICARSE DIRECT. A MI C.ELECTRÓNICO – SOLO PERSONAS SERIAS, REALES Y COMPRADORAS…. RESTO POR FAVOR ABSTENERSE.- NOTA : NO DEJAR SMS DEBAJO DEL ANUNCIO, POR FAVOR.- DISPONEMOS FOTO PARA ENVIAR.- I.Dou.Dav.-