( To be put on pany’s letterhead)
LETTER OF INTENT
To: Principal Seller
Attn: Mr. Kapo K. Kasanda
Date: ?????
We, < Company Name ), hereby state and represent that it is our intention to purchase, and we hereby confirm that we are ready, willing and able to purchase the modity as per the specification and in the quantity and for the price as specified in the terms and conditions as stated below. This representation is made with full corporate authority and responsibility.
We confirm and guarantee that this Letter of Intention has not been issued to any other sellers or brokers before and has a validity of fifteen (15) days from the date of issue.
Commodity : Iron Ore
Origin : Mexico
Quantity : XXX Metric Ton /Month
Duration : 12 months
Price : XXX
Delivery : XXX Port
Packing : Bulk
Payment : RDLC
Inspection : SGS or mutually agreed equivalent
. : 2%
Specifications : SPECIFICATIONS – MEXICAN IRON ORE FINES SINTER FEED:
MEXICAN IRON ORE % - Rejection 63,5%, Typically 100% Iron Ore Fines Sinter Feed to be delivered shall be sized between mm is 90% Min. and mm is max 10%, on a proper Aperture Screening on a natural basis at the first transfer point. That means, the 100 % of the mineral has to be less than mm, and no more than 10 % shall be b
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