PRODUCT OFFER
- Commodity: Gold (AU) Dore Bars
- Quantity: 50 Kilograms
- Purity at Origin: 23% (Dore Bars)
- Final Purity (After Refining): 96% minimum
- Origin: Ghana
- Form: Dore Bars
- Packaging: Secure metal boxes
- Price: To be mutually agreed upon based on LBMA price at final assay, minus negotiated discount
PROCEDURES
Buyer’s Commitment: Buyer agrees to finance logistics and export costs directly to the licensed exporter appointed by the Seller.
Seller’s Responsibility: Seller shall deliver the 50kg of gold (23% purity) to the authorized exporter for all export processing and documentation.
Export Process: Exporter shall handle all logistics, including customs clearance, government taxes, and transportation, under the funding provided by the Buyer.
Accompaniment & Supervision: A Seller’s Representative shall accompany the gold to the Buyer’s designated destination/refinery to witness the refining and final assay.
Assay & Final Payment: Upon final assay result at the Buyer’s destination, confirming a minimum purity of 96%, the Buyer shall pay the full value of the gold (less any pre-agreed discount) directly to the Seller or Seller’s nominated bank account.
No Upfront Payment to Seller: Buyer shall not be required to make any advance or upfront payment to the Seller. Only logistics/export costs are to be paid in advance to the exporter.
Title Transfer:Legal title of the gold transfers to the Buyer only upon successful final payment post-assay confirmation.
DOCUMENTS TO BE PROVIDED
- Certificate of Origin
- Export Permit
- Ownership Certificate
- Assay Report (initial at point of origin)
- Seller’s Declaration
- Packaging List
- Commercial Invoice (post-final assay)
VALIDITY
This offer is valid for 10 business days from the date above and subject to mutual agreement on terms and conditions via SPA (Sales & Purchase Agreement).