SlideShare ist ein Scribd-Unternehmen logo
1 von 3
Downloaden Sie, um offline zu lesen
July, 2012

Miners/End Sellers

Dear Sirs,

Re: DIRECT REFINERY PURCHASE OF AU DUST, NUGGETS & DORE BARS
FROM AFRICAN MINES / COOPERATIVES

We offer a DIRECT METALS ACCOUNT opened in the Sellers name with one of two recognised
Refineries. The Refinery itself is the Buyer and will offer a Refinery Payment Guarantee or
Irrevocable Non Transferable Letter of Credit drawn on a major World Bank as Payment
Guarantee. For ANY Refinery to offer a Payment Guarantee is EXTREMELY unusual and is
offered "in tandem" with a special facility we have recently set up for a leading Charity working to
provide Clean Drinking Water in several African Countries.

You will be aware that it is EXTREMELY difficult, bordering on impossible, for ANY small to
medium scale Mine / Miner / Cooperative in Africa to obtain their own Metals Account with a
Refinery. This is a genuine opportunity to obtain such an account resulting from the involvement
of the Charity concerned. Full details of the Refinery will be available ONLY when the Account
application has been accepted in principle.

ADVANTAGES FOR YOU - THE SELLER :
* A better sale price for your metal ( please see example below).
* A "Buyer for Life". Once your Metals Account is approved /opened the Refinery will then
purchase anything and everything offered in the future subject to contract. The account is yours to
use in the future.
* Greater Efficiency. With the Refinery able to purchase anything offered you can concentrate
on your Mining production as opposed to having to constantly negotiate with new Buyers who may
or may not be genuine.
* Absolute Certainty. With a Refinery Buyer Sellers KNOW that all transactions will be
completed quickly and efficiently.
* All Contracts to Purchase are issued DIRECT from the Refinery.
* Likely "Terms" offered will be L.B.M.A. ( London Bullion Market Association ) closing price
(PM) less 9 / 9.5% plus any onward commissions to Introducers. Of this 9 / 9.5% the Refinery will
be taking 6 /6.5% for their willingness to issue a Guarantee. There will be a "Royalty" paid to the
Charity to further their work plus our fees are covered all within the original 9 / 9.5%. All smelt
and assay charges plus Importation charges / costs are also included. "Onward commissions"
apply only to any Introducers involved in the introduction.
* an example is attached. Please study this. Updated information on closing prices can be
obtained from the L.B.M.A. website. ( www.lbma.org.uk).

WHAT WILL BE EXPECTED OF YOU AS THE SELLER:
* Delivery to the Refinery. ( No Refinery will travel to meet Sellers, wishes to inspect their
Mining sites or will pre fund their freight or export charges). Refinery locations are available in
mainland Europe and the Middle East.
                                     TEMIC ENERGY LIMITED
                       MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU
                                    POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA
                     TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184
                                                 Skype: Temic.Energy
* You are welcome to accompany any consignment and a confirmation will be provided to assist
Sellers with any Visa Requirement.Suggestions can be provided for local accommodation etc.The
Refinery will NOT meet the cost of this or travelling expenses.
* If you are unable or unwilling to provide proof of past deliveries/ performance then you will be
invited to deliver two small trial consignments (minimum 5 KG) to the Refinery to establish ability
to supply. No Payment Guarantee will be offered on these consignments and you will be paid at the
Refinery upon completion of smelt and assay. Upon successful completion of the two trials then
the Refinery will offer either Refinery Payment Guarantee or Letter of Credit as above on all future
consignments that you may make.
* In connection with the setting up of your Metals Account you will be asked to provide
information and copy documents including
* Passport.
* Proof of address.
* Certification of any Corporate Entity.
* Mining or Trading Permit / Licence from the National Issuing Authority.
* Proof of past Performance. If this is not available you will be invited to provide two small trial
consignments as above.
* Proof of the existence of a Bank Account (where appropriate). This is NOT a Bank reference
merely a confirmation from your Bank that an account exists and that you are known as a
Customer.

EXAMPLE FIGURES:
The closing (afternoon / pm) price of AU at the L.B.M.A. on Friday 30 th March 2012 was USD $
1662.50 per fine/ troy ounce. Multiply by 32.15 to get an approx price per refined kilo = USD $
53,449 .00.

Deduct 9.5% ( USD $ 5077 .00) = net USD $ 48,372 .00. From this figure needs to be deducted
Export charges ( normally 5% -7% on declared value depending upon Country of origin), freight
costs and any onward commission. The L.B.M.A. figure can go up or down. Please adjust as
necessary as per latest price.

TO PROCEED:
Please notify us and we shall gather information and copy documents from you to prepare a Report
for the Refinery. This process normally takes two to three weeks from the day of supply of
information / copy documents. The Refinery has the right to double check our Due Diligence
information but both have undertaken to do so with minimum delay. Please be aware that we ARE
able to accept applications from DRC (CONGO) subject to additional Due Diligence. BOTH
Refineries are commited to assisting in the establishment of a Metals Account wherever and
whenever possible. We have considerable experience with these applications and are here to
facilitate the process on your behalf.

Upon "approval in principle" of the Metals Account application we shall notify you immediately
and complete all necessary arrangements with minimum delay.

Note for Introducers : Upon the approval of a metals account all Introducers are entitled to receive
                                     TEMIC ENERGY LIMITED
                       MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU
                                    POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA
                     TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184
                                                 Skype: Temic.Energy
commission on anything passing throught that account for a minimum period of five years.
Confirmations are available at the appropriate time.

We thank you in advance and look forward to hearing from you as soon as possible.

Sincerely yours,
For: TEMIC ENERGY LIMITED

Jimmy Kairu
James W. Kairu
Managing Director / Chief Executive Officer




                                    TEMIC ENERGY LIMITED
                      MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU
                                   POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA
                    TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184
                                                Skype: Temic.Energy

Weitere ähnliche Inhalte

Was ist angesagt?

Negotiation PowerPoint
Negotiation PowerPointNegotiation PowerPoint
Negotiation PowerPoint
KeithByrd
 
Ardyss comp plan 052010
Ardyss comp plan 052010Ardyss comp plan 052010
Ardyss comp plan 052010
Deronda Aikens
 
Brosur kirim new excel 2003 new edit 2010
Brosur kirim new excel 2003 new edit 2010Brosur kirim new excel 2003 new edit 2010
Brosur kirim new excel 2003 new edit 2010
PPOB Ppob
 
Example Vendor Flagging System
Example Vendor Flagging SystemExample Vendor Flagging System
Example Vendor Flagging System
Maddy Blignaut
 
Sk1 presentation 4
Sk1 presentation 4Sk1 presentation 4
Sk1 presentation 4
Faraz Rafi
 
6x10 Alpine Jaguar blue
6x10 Alpine Jaguar blue6x10 Alpine Jaguar blue
6x10 Alpine Jaguar blue
Michael Gorga
 

Was ist angesagt? (20)

Good Faith Estimate Slide
Good Faith Estimate SlideGood Faith Estimate Slide
Good Faith Estimate Slide
 
IOR by ahmee ck.001
IOR by ahmee ck.001IOR by ahmee ck.001
IOR by ahmee ck.001
 
Negotiation PowerPoint
Negotiation PowerPointNegotiation PowerPoint
Negotiation PowerPoint
 
MURANG BAHAY AT LUPA FOR SALE IN CAVITE
MURANG BAHAY AT LUPA FOR SALE IN CAVITEMURANG BAHAY AT LUPA FOR SALE IN CAVITE
MURANG BAHAY AT LUPA FOR SALE IN CAVITE
 
Ardyss comp plan 052010
Ardyss comp plan 052010Ardyss comp plan 052010
Ardyss comp plan 052010
 
Sell Sheet
Sell SheetSell Sheet
Sell Sheet
 
Blos​som zest studio apartments-price list & payment plan
Blos​som zest   studio apartments-price list & payment planBlos​som zest   studio apartments-price list & payment plan
Blos​som zest studio apartments-price list & payment plan
 
Brosur kirim new excel 2003 new edit 2010
Brosur kirim new excel 2003 new edit 2010Brosur kirim new excel 2003 new edit 2010
Brosur kirim new excel 2003 new edit 2010
 
colorads
coloradscolorads
colorads
 
600.18 chameleon refund procedure
600.18 chameleon refund procedure600.18 chameleon refund procedure
600.18 chameleon refund procedure
 
Example Vendor Flagging System
Example Vendor Flagging SystemExample Vendor Flagging System
Example Vendor Flagging System
 
3.9 Quotes
3.9 Quotes3.9 Quotes
3.9 Quotes
 
Michigan Kenworth - March Loyalty Rewards
Michigan Kenworth - March Loyalty RewardsMichigan Kenworth - March Loyalty Rewards
Michigan Kenworth - March Loyalty Rewards
 
3.8 Order Forms
3.8 Order Forms3.8 Order Forms
3.8 Order Forms
 
Sacred Automotive - Servicing Your Own Car
 Sacred Automotive - Servicing Your Own Car   Sacred Automotive - Servicing Your Own Car
Sacred Automotive - Servicing Your Own Car
 
PPT
PPTPPT
PPT
 
Sk1 presentation 4
Sk1 presentation 4Sk1 presentation 4
Sk1 presentation 4
 
6x10 Alpine Jaguar blue
6x10 Alpine Jaguar blue6x10 Alpine Jaguar blue
6x10 Alpine Jaguar blue
 
Akron Self Storage Units
Akron Self Storage UnitsAkron Self Storage Units
Akron Self Storage Units
 
8 Reasons why Contractors Should Insure Trucks Under the Business
8 Reasons why Contractors Should Insure Trucks Under the Business8 Reasons why Contractors Should Insure Trucks Under the Business
8 Reasons why Contractors Should Insure Trucks Under the Business
 

Andere mochten auch (6)

Memarts temic energy ltd
Memarts temic energy ltdMemarts temic energy ltd
Memarts temic energy ltd
 
Inc cert temic energy ltd
Inc cert temic energy ltdInc cert temic energy ltd
Inc cert temic energy ltd
 
Letter to mr. kairu on temic solar photovoltaic power generation project
Letter to mr. kairu on temic solar photovoltaic power  generation projectLetter to mr. kairu on temic solar photovoltaic power  generation project
Letter to mr. kairu on temic solar photovoltaic power generation project
 
Corporate profile - Temic Energy Ltd
Corporate profile - Temic Energy LtdCorporate profile - Temic Energy Ltd
Corporate profile - Temic Energy Ltd
 
201207 ii product pricing 2
201207 ii product pricing 2201207 ii product pricing 2
201207 ii product pricing 2
 
Procedures and term of payment 1
Procedures and term of payment 1Procedures and term of payment 1
Procedures and term of payment 1
 

Ähnlich wie Temic gold1-02-07-2012

Credit Law Symposium 2016 Brochure
Credit Law Symposium 2016 BrochureCredit Law Symposium 2016 Brochure
Credit Law Symposium 2016 Brochure
Fiona Lam
 
Gold trading
Gold tradingGold trading
Gold trading
joshmaker
 
Gold trading
Gold tradingGold trading
Gold trading
mhayoun
 
CV - B Needham Jan 2017
CV - B Needham Jan 2017CV - B Needham Jan 2017
CV - B Needham Jan 2017
Brad Needham
 

Ähnlich wie Temic gold1-02-07-2012 (20)

TEMIC GOLD LOI
TEMIC GOLD LOITEMIC GOLD LOI
TEMIC GOLD LOI
 
TEMIC COPPER CATHODES LOI
TEMIC COPPER CATHODES LOITEMIC COPPER CATHODES LOI
TEMIC COPPER CATHODES LOI
 
Soft corporate offer for pakistani india rice ,white refined cane sugar icums...
Soft corporate offer for pakistani india rice ,white refined cane sugar icums...Soft corporate offer for pakistani india rice ,white refined cane sugar icums...
Soft corporate offer for pakistani india rice ,white refined cane sugar icums...
 
Turnberry Africa_Offshore.pptx
Turnberry Africa_Offshore.pptxTurnberry Africa_Offshore.pptx
Turnberry Africa_Offshore.pptx
 
GOLD FCO 350KGS
GOLD FCO 350KGSGOLD FCO 350KGS
GOLD FCO 350KGS
 
Juan Murillo
Juan MurilloJuan Murillo
Juan Murillo
 
Limousine Insurance Proposal Form, Lumley
Limousine Insurance Proposal Form, LumleyLimousine Insurance Proposal Form, Lumley
Limousine Insurance Proposal Form, Lumley
 
Adams At Home Auction May 26th, 2019
Adams At Home Auction May 26th, 2019Adams At Home Auction May 26th, 2019
Adams At Home Auction May 26th, 2019
 
Temic sugar(quote)-july-2012
Temic sugar(quote)-july-2012Temic sugar(quote)-july-2012
Temic sugar(quote)-july-2012
 
IFLO AIR LOGISTICS SOLUTION
IFLO AIR LOGISTICS SOLUTIONIFLO AIR LOGISTICS SOLUTION
IFLO AIR LOGISTICS SOLUTION
 
Ukti australia oil + gas opportunities for british business online version
Ukti australia   oil + gas opportunities for british business online versionUkti australia   oil + gas opportunities for british business online version
Ukti australia oil + gas opportunities for british business online version
 
Credit Law Symposium 2016 Brochure
Credit Law Symposium 2016 BrochureCredit Law Symposium 2016 Brochure
Credit Law Symposium 2016 Brochure
 
Pvs exim sco 20 8-15
Pvs exim sco 20 8-15Pvs exim sco 20 8-15
Pvs exim sco 20 8-15
 
Gas as a Marine Fuel
Gas as a Marine FuelGas as a Marine Fuel
Gas as a Marine Fuel
 
First home buyers Victoria, Australia Feb 2020
First home buyers Victoria, Australia Feb 2020First home buyers Victoria, Australia Feb 2020
First home buyers Victoria, Australia Feb 2020
 
4th Annual Offshore Indonesia 2014
4th Annual Offshore Indonesia 20144th Annual Offshore Indonesia 2014
4th Annual Offshore Indonesia 2014
 
Gold trading
Gold tradingGold trading
Gold trading
 
Gold trading
Gold tradingGold trading
Gold trading
 
Storage heater grants
Storage heater grantsStorage heater grants
Storage heater grants
 
CV - B Needham Jan 2017
CV - B Needham Jan 2017CV - B Needham Jan 2017
CV - B Needham Jan 2017
 

Mehr von Temic Energy Limited (8)

2019 corporate profile of temic energy limited
2019 corporate profile of temic energy limited2019 corporate profile of temic energy limited
2019 corporate profile of temic energy limited
 
Temic non recourse project finance with mtn - republic name - 30-07-2019
Temic non recourse project finance with mtn - republic name - 30-07-2019Temic non recourse project finance with mtn - republic name - 30-07-2019
Temic non recourse project finance with mtn - republic name - 30-07-2019
 
Temic non recourse project finance with bg-sblc - republic online inv. group ...
Temic non recourse project finance with bg-sblc - republic online inv. group ...Temic non recourse project finance with bg-sblc - republic online inv. group ...
Temic non recourse project finance with bg-sblc - republic online inv. group ...
 
Temic non recourse project finance with bg-sblc - client name - 30-07-2019
Temic non recourse project finance with bg-sblc - client name - 30-07-2019Temic non recourse project finance with bg-sblc - client name - 30-07-2019
Temic non recourse project finance with bg-sblc - client name - 30-07-2019
 
Reflected ceiling layout
Reflected ceiling  layoutReflected ceiling  layout
Reflected ceiling layout
 
Temic energy ltd reflected ceiling layout
Temic energy ltd  reflected ceiling  layoutTemic energy ltd  reflected ceiling  layout
Temic energy ltd reflected ceiling layout
 
Temic energy ltd proposed floor layout
Temic energy ltd  proposed floor layoutTemic energy ltd  proposed floor layout
Temic energy ltd proposed floor layout
 
TEMIC OIL PRODUCTS
TEMIC OIL PRODUCTSTEMIC OIL PRODUCTS
TEMIC OIL PRODUCTS
 

Kürzlich hochgeladen

Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
allensay1
 

Kürzlich hochgeladen (20)

Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book nowKalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
 
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSDurg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
Berhampur Call Girl Just Call 8084732287 Top Class Call Girl Service Available
Berhampur Call Girl Just Call 8084732287 Top Class Call Girl Service AvailableBerhampur Call Girl Just Call 8084732287 Top Class Call Girl Service Available
Berhampur Call Girl Just Call 8084732287 Top Class Call Girl Service Available
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTSJAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book nowPARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck Template
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 

Temic gold1-02-07-2012

  • 1. July, 2012 Miners/End Sellers Dear Sirs, Re: DIRECT REFINERY PURCHASE OF AU DUST, NUGGETS & DORE BARS FROM AFRICAN MINES / COOPERATIVES We offer a DIRECT METALS ACCOUNT opened in the Sellers name with one of two recognised Refineries. The Refinery itself is the Buyer and will offer a Refinery Payment Guarantee or Irrevocable Non Transferable Letter of Credit drawn on a major World Bank as Payment Guarantee. For ANY Refinery to offer a Payment Guarantee is EXTREMELY unusual and is offered "in tandem" with a special facility we have recently set up for a leading Charity working to provide Clean Drinking Water in several African Countries. You will be aware that it is EXTREMELY difficult, bordering on impossible, for ANY small to medium scale Mine / Miner / Cooperative in Africa to obtain their own Metals Account with a Refinery. This is a genuine opportunity to obtain such an account resulting from the involvement of the Charity concerned. Full details of the Refinery will be available ONLY when the Account application has been accepted in principle. ADVANTAGES FOR YOU - THE SELLER : * A better sale price for your metal ( please see example below). * A "Buyer for Life". Once your Metals Account is approved /opened the Refinery will then purchase anything and everything offered in the future subject to contract. The account is yours to use in the future. * Greater Efficiency. With the Refinery able to purchase anything offered you can concentrate on your Mining production as opposed to having to constantly negotiate with new Buyers who may or may not be genuine. * Absolute Certainty. With a Refinery Buyer Sellers KNOW that all transactions will be completed quickly and efficiently. * All Contracts to Purchase are issued DIRECT from the Refinery. * Likely "Terms" offered will be L.B.M.A. ( London Bullion Market Association ) closing price (PM) less 9 / 9.5% plus any onward commissions to Introducers. Of this 9 / 9.5% the Refinery will be taking 6 /6.5% for their willingness to issue a Guarantee. There will be a "Royalty" paid to the Charity to further their work plus our fees are covered all within the original 9 / 9.5%. All smelt and assay charges plus Importation charges / costs are also included. "Onward commissions" apply only to any Introducers involved in the introduction. * an example is attached. Please study this. Updated information on closing prices can be obtained from the L.B.M.A. website. ( www.lbma.org.uk). WHAT WILL BE EXPECTED OF YOU AS THE SELLER: * Delivery to the Refinery. ( No Refinery will travel to meet Sellers, wishes to inspect their Mining sites or will pre fund their freight or export charges). Refinery locations are available in mainland Europe and the Middle East. TEMIC ENERGY LIMITED MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184 Skype: Temic.Energy
  • 2. * You are welcome to accompany any consignment and a confirmation will be provided to assist Sellers with any Visa Requirement.Suggestions can be provided for local accommodation etc.The Refinery will NOT meet the cost of this or travelling expenses. * If you are unable or unwilling to provide proof of past deliveries/ performance then you will be invited to deliver two small trial consignments (minimum 5 KG) to the Refinery to establish ability to supply. No Payment Guarantee will be offered on these consignments and you will be paid at the Refinery upon completion of smelt and assay. Upon successful completion of the two trials then the Refinery will offer either Refinery Payment Guarantee or Letter of Credit as above on all future consignments that you may make. * In connection with the setting up of your Metals Account you will be asked to provide information and copy documents including * Passport. * Proof of address. * Certification of any Corporate Entity. * Mining or Trading Permit / Licence from the National Issuing Authority. * Proof of past Performance. If this is not available you will be invited to provide two small trial consignments as above. * Proof of the existence of a Bank Account (where appropriate). This is NOT a Bank reference merely a confirmation from your Bank that an account exists and that you are known as a Customer. EXAMPLE FIGURES: The closing (afternoon / pm) price of AU at the L.B.M.A. on Friday 30 th March 2012 was USD $ 1662.50 per fine/ troy ounce. Multiply by 32.15 to get an approx price per refined kilo = USD $ 53,449 .00. Deduct 9.5% ( USD $ 5077 .00) = net USD $ 48,372 .00. From this figure needs to be deducted Export charges ( normally 5% -7% on declared value depending upon Country of origin), freight costs and any onward commission. The L.B.M.A. figure can go up or down. Please adjust as necessary as per latest price. TO PROCEED: Please notify us and we shall gather information and copy documents from you to prepare a Report for the Refinery. This process normally takes two to three weeks from the day of supply of information / copy documents. The Refinery has the right to double check our Due Diligence information but both have undertaken to do so with minimum delay. Please be aware that we ARE able to accept applications from DRC (CONGO) subject to additional Due Diligence. BOTH Refineries are commited to assisting in the establishment of a Metals Account wherever and whenever possible. We have considerable experience with these applications and are here to facilitate the process on your behalf. Upon "approval in principle" of the Metals Account application we shall notify you immediately and complete all necessary arrangements with minimum delay. Note for Introducers : Upon the approval of a metals account all Introducers are entitled to receive TEMIC ENERGY LIMITED MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184 Skype: Temic.Energy
  • 3. commission on anything passing throught that account for a minimum period of five years. Confirmations are available at the appropriate time. We thank you in advance and look forward to hearing from you as soon as possible. Sincerely yours, For: TEMIC ENERGY LIMITED Jimmy Kairu James W. Kairu Managing Director / Chief Executive Officer TEMIC ENERGY LIMITED MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184 Skype: Temic.Energy