Thai Gold 99.5
Commodity: Gold bullion 1 kg. 240 tons available
2) Specification: A minimum purity of 99.95% or better
3) First Trial Quantity: Not less than 1.2MT
4) Successive tranches: Not less than xxMT per month, for 1 year plus Rolls and
Extensions (R&E).
5)
Total Contract Quantity:
Not less than xxxMT over 12 months with option to
extend, on a year by year basis, after initial 1yr
period with minimum 30 days notice
6) Hallmark: Internationally recognized and accepted goods – Less than 5 years old
Price: The Second Fixing LBMA
8) Delivery: CIF – Free Zone International Airport - Dubai / or Buyer’s Refinery /
Warehouse or designed and authorized Bank Buyer needs. Via Brinks, Ferrari
9) Discount: 12% Gross – 8% Net to the Buyer, based on Second Fixing LBMA
10) Commissions: 1.5% Sell side facilitators, paid from Seller’s Account (closed)
1.5% Buy side facilitators, paid from Seller’s Account(closed)
1.0% Consultant fees to local Intermediaries
11) Guarantee and Payment: Buyer will provide a bank guarantee with a DLC confirmed
bank to bank by Swift MT700 or Blocked Funds and Final Payment, after the gold is
verified, by Swift Wire Transfer MT103 or CASH TRANSFER to the Seller’s Account.
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