Gold Bullion

bars Dust gold

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COMMODITY SPECIFICATIONS:
a) COMMODITY: (AU) Gold
b) FORM: Gold Bars
c) Purity: 95.85 %
d) Fineness: 22 carats
e) ASSAY: Final assay to be made at and by Buyer's registered Refinery the result of which shall be deemed acceptable by both Buyer and Sel
f) ORIGIN: Cameroon
g) PACKING: Export Package Mini Vault Boxes/Gold Bars
j) SHIPMENT: CIF By air cargo.


QUANTITY:

Seller agrees to sell and deliver to the Buyer under the Terms of this Agreement an amount of 150 kg (One Hundred and Fifty Kilograms) as first shipment and second and ongoing shipments of 200 kg ( Two Hundred Kilograms) of monthly shipments for a period of 1 (One) year with possible rolls and extensions up to Five (5) Years subject to prior agreement between the buyer and the seller following the first year.


PRICE:

The price payable by the buyer to the seller for the purchase shall be 15 % decreased price of second Fixing Rate (PM) issued by the London Bullion Market Association (LBMA) on the Day- of- the final Assay Report issued by the buyer refinery, The Price is based on a Purity of minimum 98.85 %+ (Ninety Five point Eighty Five Percent Plus), corresponding of minimum 22+ (Twenty Two) Carats plus

DELIVERY:

Quantity of the first shipment of 150 kg (One Hundred and Fifty Kilograms) and subsequent shipments shall be calculated based on the net weight and 10% decreased price of second Fixing Rate (PM) issued by the London Bullion Market Association (LBMA) on the Day- of- the final Assay Report issued by the buyer Refinery.

We look look forward to working together with you for the mutual benefit & success, with our business relation based on honesty, trust, fairness, integrity and mutual respect.