SOFT OFFER TO SELL THERMAL COAL - TYPE B

Commodity: Thermal Coal - Type B

WE WOULD LIKE TO CONFIRM ON BEHALF OF SELLER WITH FULL CORPORATE RESPONSIBILITY, WE ARE, WILLING AND ABLE TO TRANSACT AND SELL THE GOODS, WITH THE FOLLOWING SPECIFICATIONS, TERMS, AND CONDITIONS. SALES AND PURCHASES WILL BE MADE ON THE BASIS OF INTERNATIONAL PROCEDURES.
We, submit the following proposal for the supply of Thermal Coal.
Quantity: 1,100,000 MT +/- 10% tolerance per month………(LOT 47/53)
Contract Terms: 5 years renewable contract. Port(s) of embarkation: FOB Puerto Bolivar, Guajira, Colombia. Price: FOB USD $ 91.00 per Metric Ton, Includes $1.25 Buyer’s Commission. Payment: Operative and Auto Revolving

Letter of Credit for each month during the 60-month contract irrevocable, confirmed unrestricted unattachable, divisible, transferable and endorsed payable with the presentation of B/L.
Form of Payment: The Commercial SBLC (stand by Letter of credit) payable against presentation of B/L and other shipping documents
Weight: Shall be determined by an independent draft survey at Load port.
These results shall be considered officially binding, and will be the basis for the bill of lading weights and all applicable billing.
Sampling: Shall be determined by a certified independent AUTHORIZED laboratory at loading port.
Origin: Colombia
Requirements: * Must be a final burner with proper certification
* Have not bought in the past three (3) years to the multinationals
GLENCORE, DRUMMOND OR CERREJON
* Financial proof of funds for this contract
Procedure: 1. Seller submits Soft Offer (Firm Commitment Offer) 2. Buyer submits ICPO + BCL TO: ZNIDAR CORPORATION
3. Seller submit draft contract
4. Buyer signs the draft contract, submits the contract with comments and wording of payment instrument
5. Seller sends contract
6. Buyer and Seller Sign the contract
7. Buyer submits payment instruments
8. Seller confirms payment instruments
9. Shipments start
SOFT OFFER TO SELL THERMAL COAL……CON’T
TECHNICAL DATA
Product “B” – Export Quality, As Received Basis Avg Range
Proximate Analysis %% Wt
Gross Heating value: BTU/LB 11.700 11.899
Kcal/Kg 6.500 6.611
Net Heating Value: Kcal/Kg 6.193 6.303
Total Sulfur 0.50 0.79
Ash 6.30 9.30
Volatile Matter 33.00 34.80
Total Moisture 10.20 12.80
Equilibrium Moisture 7.60 9.00
Fixed Carbon 46.10 48.30
Ultimate Analysis %% W Moisture, % 10.20 12.80
Carbon, %61.90 67.70
Hydrogen, %4.50 4.90
Nitrogen, %1.10 1.26
Chiorine, %0.01 0.07
Sulfur, %0.50 0.79
Ash, % 6.30 9.30
Oxygen, %6.72 9.72
Other Analysis
Flucrine ppm 30 60
HGI 45 51
FSI 1.5 3.5
Sulfur Forms
Pyritk, %0.20 0.32
Sulfate, % 0.01 0.07
Organic, %0.32 0.52
Total, % 0.50 0.79
Size
Nominal Top Size Inches
%wt.1/4 kt. 42.0 51.0mm