COMMODITY: New GLD Gold 999.5/1,000 or better, with Int’l Acceptable Hallmark;
ORIGIN: China Gold Mines;
QTY.: 100MT to 500MT per year w R & E;
PRICE: L.B.M.A. 2nd Fixing of Delivery Date;
DISC.: Gross 8% & NET 5% to BUYER (75% out of 1.50% OPEN to Buyer-Team);
CONTR.: 12 mths.
PAYMENT: SWIFT payment, secured by MT103-23 or Fully Funded BG with TT or Revolving DLC;
DELIVERY: CIF Zurich, Europe, Canada, Hong Kong, OR Buyer’s Destination.
PLEASE ISSUE LOI in return for FCO. Thank you.