Buyer, Trader, and Supplier

Are you affiliated with the buyer but not part of the buyer’s company? Most of the time it would be a fail deal considering most traders are “afraid” to provide any information about their buyer.

They believe, “when we give you the buyer info, you would skip us in this deal..”. Well, not to sound too pessimistic, if you have such kind of thought then 100% you won’t get through with any deal. Let me tell you why.

If your buyer doesn’t give a damn about your commission and assume that we are the bad guys in this business, then ANYTIME we can skip you. Let’s say you want us to provide the papers to you instead direct to the buyer, and you want us to tell you first EVERYTHING we want to tell the buyer. Do you think there’s no risk for you? Of course not.

At the end of the day, when the buyer comes to see the coal or manganese mine, we will make a contract with them and if nobody cares about your commission, you won’t even get a single cent. There’s no chance you can “force” the buyer to not meet the miner. The miners eventually would sign a contract with the buyer. Of course the Letter of Credit (LC) will ONLY be cashed out by the miners and the coal supply will ONLY be transferred to the buyer’s hand. Where your position will be here? Its a lose-lose solution.

Then what should you do?

Rest assure, we are a legitimate supplier and we are looking for long run project only! Therefore, if you are an individual trader/broker, then you have to trust us.

There are two approach you can choose from:

1You should sign a MoU with you buyer so every time they send our miner the LC, you will get your own part/commission automatically. Our own company have been in contract with our miners, that’s why we freely passing all information about the buyers to them since we represent them directly. If you don’t trust your own buyer, better to not waste your time in this business.

2You can come to Indonesia directly and meet us, then represent our company to your buyers. After we cross-checked that your buyer is legitimate, you can trust that we will share our commissions with you. Memorandum of Understanding (MoU) will be signed for you of course. But remember, we cannot guarantee anything before the deal goes through so your only chance here is to trust us. We need to know your buyer’s demand and company name. If you trust nobody and need to secure your own commission in the safest way, we suggest you to build your own trading company so you will be eligible to accept/provide LC.

Most buyers will only send non-transferable LC which means they don’t want to give their LC to you or us. They only want the real miner to get it. We don’t have any trouble with this policy since we TRUST our miners. They will pay our commissions although I cannot guarantee anything on that.

As a summary, if you want to make a deal with us and get lots of money for yourself, what you need to do is to provide us your buyer’s Letter Of Intent (LOI) complete with their company name and coal demand. We will then cross-check if that company is legitimate or not. If we choose to go with the deal, we will then meet you in person and show that we have all the miner’s papers. Then, you and your buyer will have a meeting with us and our miner. When they sign a contract, you and us will sign a MoU with my miner if you choose the 2nd approach as mention before. (or if you choose the 1st approach above, we believe that you already signed an MoU with your buyer regarding your commission)

NOTE: We won’t be able to share any papers by email unless we have met you directly in person. We have this policy to avoid documents forgery which is very common practices in Indonesia that you fake someone else’s mining papers to fool buyers. Since we are a legitimate supplier, we will only show and give you our papers when we meet in person.

三 个 和 尚 担 水 无 粥 食 [sān gè hé shang dān shuǐ wú zhōu shí]
Too many cooks spoil the broth.
Lit: 3 monks fetching water resulted in no rice gruel (to eat).

For further discussion, feels free to Contact Us