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Chroma-Z

07/11/11 12:53 PM

#11190 RE: withlove #11189

It is possible for the end user (foreign company) to provide for the storage and shipment of coal.

It is not the way it is typically done but again it is possible.

If a foreign end user wanted coal the easiest and most widely accepted method is for that user to place an order with a broker. The broker obtains the coal from the huge stockpiles available at almost all coal shipping terminals. The coal is loaded on a ship and the end user receives the shipment in their country.

In your scenario and using the few known facts about GLER right now:

1) End user obtains an agreement with a shipping terminal to set aside a space for coal obtained from one source.
2) End user also obtains an agreement with a shipping terminal to load the coal from this single source.
3) End user also obtains an agreement with a shipping company to ship the coal from the US to their country (or nearest Port).
4) End user also obtains an agreement with shipping companies in their country to get coal from Port to facility.
5) End user pays a premium to an unknown company to obtain coal from a single source of unknown quality.