LETTER OF INTENT (LOI)

To:PT Berlian Macang Sakti

Up :Bpk Nasrullah
Cc: Bpk Andy wijaya ,Bpk Rifki
Palembang

We are raedy to intention to purchase the commodity referenced herein, in the quantity and for the destination specified below.
This representation is made with full corporate authority and responsibility.

Commodity: S L I L I C A S A N D
Origin: Indonesia, Malaysia
Price:CIF Lian Yun Gang Port,China or FOB

First shipment date: Within 20 days from receipt of DLC by Seller Quantity:
1st shipment 500 0 0 MT;
Subsequent deliveries buyer's option 60000MT +/- 10% per month x 12 months
Payment Terms: Seller's PB first：PB 2% (CIF)/PB 5%(FOB)of full value.

The Seller will send as below:

1)S L I L I C A S A N D Mining Production Experience, Annual Output, Prior shipments to China/EU/JP, etc.2)
Inspection Report by CCIC/CIQ/SGS/BV or Similar with copy of B/L in 2020 or 2021
3)S L I L I C A S A N D MiningField Operation Processing Video showing Stockpile
4)Registration,Export License
5)Firm Offer
6)Draft Contract