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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.35

+2.7%

Nov 10 4:00 PM EST

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To: TobagoJack who wrote (58777)	12/13/2009 5:50:37 AM
From: energyplay	Read Replies (1) of 217661

Since the coal is both thin and patchy, how much drilling has been done to get and indication of future production ? 1) What is the economic sensitivty to variations in the width of the coal seam. 2) What are the expected distribution in the variation in in the coal seam ? 3) What is the break down frequency and repair time for the equipment ? How long does it take to get replacement equipment to the sight ? ***** I expect an investment in this operations would be something like a series of call option on the price of coal for the next few years with some variation base on the coal thickness. Big upside, but little downside protection. Thicker coal seams - peabodyenergy.com

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