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Serious seller of BLCO looking for only serious buyer, please don't call if you are not willing to follow my procedure.
the offer is for 2 million barrel a month for 12 months
serious buyer with fund to support will issue an LOI to the Seller and seller will respond with FOC.
LOI should be on the company letter head.
interested buyer will direct his bank to Bank to write a letter to the seller's bank, stating that buyer is financially capable to consummate the transaction.
on receipt of letter from the buyer's bank, seller will forward a contract to buyer for execution by both parties.