Chezmuna Enterprises is the authorized agent of Misk Investments Limited, the Mandate Seller. This page explains who is who, how the transaction is verified, and what to clarify before submitting a Letter of Intent.
Chezmuna Enterprises acts as the authorized agent of Misk Investments Limited (Kenya), the Mandate Seller. Chezmuna presents the seller's offer and procedure to buyers; the seller issues the FCO and enters into the SPA. The buyer pays nothing before verifying the cargo. The cargo is independently verified at defined stages, so buyers do not have to rely on seller statements alone.
ASTM B115 Grade 1 / GB/T 467-2010 Cu-CATH-1 or equivalent. Not an LME-registered brand — priced against LME Cash Settlement at a discount fixed in the SPA.
Structured as a trial cargo first, so a buyer can verify quality and process before committing to a rolling monthly contract.
Cathodes are held at a bonded warehouse in Kinshasa, where a buyer or their representative may verify the existence and condition of the cargo before any financial instrument is opened. From there, cargo moves to load port at Dar es Salaam or Mombasa for SGS inspection and shipment. Transit and export documentation arrangements are confirmed in the FCO and SPA.
Refined copper cathode at 99.97% minimum purity, produced to a recognized standard — here, ASTM B115 Grade 1 or GB/T 467-2010 Cu-CATH-1 — suitable for wire rod, cable, and tube manufacturing.
Chezmuna Enterprises is the authorized agent of Misk Investments Limited, the Mandate Seller. Chezmuna presents the seller's offer and procedure to buyers; final terms are set out in the FCO and SPA.
No. The buyer pays nothing before verifying the cargo. Verification takes place after the SPA is executed, and the financial instrument is opened only after satisfactory verification.
No. The SPA contains an NCND clause, so documents relating to past or other transactions and counterparties are not disclosed. Pre-instrument cargo verification is welcome, however: after the SPA is executed and before the financial instrument is opened, you or your representative may verify the designated cargo at the Kinshasa bonded warehouse.
Yes. After the SPA is executed and before any financial instrument is opened, the buyer or its representative may verify the designated cargo at the Kinshasa bonded warehouse. Independent SGS inspection at the load port follows, in accordance with the SPA.
Settlement is through an ICC UCP 600 DLC/LC between top-tier banks. If your bank requires a different structure, a confirmation or a performance bond, tell us in your enquiry so it can be reviewed with the seller before an LOI. Final terms are agreed in the SPA.
No. Pricing is negotiated against the LME Cash Settlement reference at a discount fixed in the sale and purchase agreement, rather than tied to a deliverable LME warrant.
Tell us in your enquiry. We review material differences with the seller before inviting an LOI, so neither side spends weeks on a transaction that cannot proceed under the agreed procedure.
Tell us your requirements and we'll review them against the seller's procedure and advise on the next step.
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