Absolute Silver Inc.

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1) Direct Refinery Contract

Allocation from Surgutgazprom for 1,00,000 Metric Tons yearly, annual contract valid for 60 months with rolls and extensions F.O.B Port Novorossisk.  This is a refinery to refinery contract only and is not designed for secondary sellers.  Please inquire for more information. 


2) Allocation from PDVSA

F.O.B. Port of Amuay contract available for 5 Million Gallons (approximately 16,000 MT) of
D2 per month, annual contract.  Price is listed as $0.18 gross / $0.16 net per gallon.  Seller side is closed.  Seller requires ICPO and SPA in order to proceed.  Q88 for chartered vessel must be provided prior to PDVSA alloting a time window for loading.

2-B) Allocation  from PDVSA

8 Million Gallons (approximately 25,000 MT) available as well under seperate allocation.

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