Trade Lead Description:
SEEKING MAJOR BUYERS / SOVEREIGN BULLION OFFER
Here are the facts:
- Sovereign-owned bullion
- 200 MT + / GLD standard / under 5 years
- Total quantity well in excess of 5,000 MT
- Hong Kong warehouse storage
- Insured for full LBMA market value
- Delivery is at Buyer's choice:
(i) FOB Seller's warehouse (preferred)
(ii) Alternatively, Seller is willing to move product into Metalor, Hong Kong for fresh assay
- No advance POF requirement
- POP/POF exchange conducted SIMULTANEOUSLY on a "bank-to-bank" basis
- "Ledger-to-Ledger" transfer-of-payment-for-title within HSBC, Hong Kong, Main Office
- Seller can assist Buyer to open accounts in HSBC Bank
- Seller is willing to attend pre-TTM at Buyer's Hong Kong offices (or HK Law Firm) for discussions and contract signing
- The contract will be lodged with the Hong Kong Monetary Authority. Non-performance is punishable by substantial jail sentences
- Discount is 8% gross / 6% net to Buyer
- You start the buy side (sell
| Type of Offer: |
Offer to Sell |
| Quantity: |
5000 M/T |
| Packaging: |
Standard |
| Price / Incoterms Conditions: |
Incoterm Conditions |
Posted from Ghana - Volta on 4 September, 2015
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