A credible mineral offer must define the actual product, lawful source, contracting party, quantity, quality-control method, price basis, delivery route and payment structure.
Product and supply evidence
Avoid generic descriptions such as “high-grade ore” or “large quantity available.” Buyers require a specification they can test against their process.
- Commodity and physical form
- Grade, impurities, moisture and particle size
- Available stock and recurring production capacity
- Sampling, assay and inspection procedure
- Origin, ownership and export authority
Commercial definition
The offer should identify whether the price is fixed, formula-based or subject to final assay and treatment terms.
- Price basis and quotation period
- Incoterms and delivery point
- Minimum trial and contract quantities
- Payment security and banking route
- Claims, rejection and dispute procedure
Control before introduction
A buyer introduction should not be opened until the seller or mandate holder can answer basic authority and consistency questions.
- Define the legal entity, authorised representative and precise transaction objective.
- Separate public-facing information from confidential technical, corporate and financial evidence.
- Test consistency across titles, quantities, ownership, licence status, location and commercial assumptions.
- Record unresolved questions, third-party verification needs and the decision required from the next counterparty.
- Move to introduction, data room or mandate only when the minimum information standard is met.
How Georgia Mining Industry can support the process
GMI can organise the initial information request, separate public material from protected documents, coordinate preliminary counterparty review, open a controlled introduction or private deal room, and record agreed commercial steps. Every transaction remains subject to written authority, independent technical and legal review, compliance checks and a separately agreed mandate.