Description

SOFT CORPORATE OFFER

We  WORLD ENERGY RESOURCES INC.,MONTREAL ,CANADA hereby state that we are ready, willing and able to sell the following commodity in accordance with the terms and conditions stated below:

Commodity: Used Railway Tracks (R**0/R**5) *0% R*0 and *0% R*5

Specification: ISRI CODE: ****5 The Scrap consists of R**- R*5 Rails as R*0 (*1.*7 Kg/m- GOST- ******5) R*5 (*4.*2 Kg/m- GOST*******5), and Length: Fr, according to INCOMTERMS****0. MN: 0.**1.*5 C: 0.***0.*2 SI: 0.**-.*0 S: 0.*4 Max P: 0.**5 Max AS: 0.*1% Max of Mass share.

Origin: South Africa

Quantity: **0,**0 Metric Tons

Monthly Delivery: As per buyer’s request.

Contract Period: Twelve (*2) Months.

Price: $**5/Mt CIF,

Cutting: Cut rail 1.2 to 1.5 MT is $*5 and special cuts are $*0 /MT add on.

PAYMENT TERMS:

Payment is by Irrevocable,  Transferable ,Unconditional Documentary Letter of Credit (LC) to the value of one month shipment payable at sight valid for the period of Twelve (*2) months and one (1) day from the date of issue. Payment for each month shall be effected by telex transfer (TT) at sight upon presentation of all agreed documents for payment.

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