Current Trade Offers: INDONESIAN STEAM COAL

Kcal: GCV ADB 4900-6800 kcal/kg

Supply Ability: 50.000 MT/ month up to 100.000 MT/Month

Port of loading: South Kalimantan or East Kalimantan

Price Guarantee: Price held firm for 3 month (excluding government increases in taxes).

Delivery Schedule: According to mutual agreement

Price in CFR:

(Price FOB + Shipping Cost to destination)

Shipping cost to China port 10 USD/MT central china,12 USD/MT south china and 14 USD/MT to north china

Shipping cost to india port 14 USD/MT

Shipping cost to Pakistan port 16 USD/MT

Shipping cost to Philippine port 11 USD/MT

Shipping cost to Vietnam port 8 USD /MT

Term of Payment:

payment through:

-100% Irrevocable, Confirmed, Non-Transferible, Documentary Letter of Credit at sight or

-100% Stand buy Letter of Credit or

-100% Bank Guarantee

2% Performance Bond after receiving some or above payments.

STANDARD BUYER AND SELLER PROCEDURES

1. LOI (Letter of Intent) request for FCO from Buyer/agent with full mineral contract specification,

2. FCO issued to Buyer along with contract specification,

3. Buyer returns FCO fully signed and chopped as agreement to FCO within the time scale given in our FCO.

4. Seller will issue draft contract, the contract is to be agreed, signed and sealed within 5 days.

5. The buyer must issue their REAL draft of DLC at the same time they return the signed contract.

6. On completion of signed and sealed contract the Buyer and Seller will agree together with their banks the final paperwork for method of payment instrument pre-agreed within the contract

7. Contract to be electronically signed and chopped via email or by physically signed and chopped at Jakarta/Banjarmasin

8. On completion of signed, chopped, sealed contract that includes a NCNDA clause Seller will provide any further paperwork proving Quality of the mineral to be sold and ownership of the mineral will provided to the buyer including site mine location etc.

9. Site visit to mine if buyer requires (sample, and testing at the same time if required by buyer) prior to opening financial payment instrument as final due diligence procedure.

10. On completion of a successful mine visit, the buyer will issue a non-operational payment instrument to the seller, the payment instrument should contain a clause within it stating it becomes fully operational on placement of seller operational BPG (Bank Performance Guarantee) if the LC is non-operational

11. The Seller within 1-5 days (depending on type of payment instrument issued) following the receipt at the Seller bank of non-operational payment instrument, will send to the Buyer (if applicable) the Performance Bond,

12. Commence of the contract.