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To: dwlima who wrote (3953)	5/28/1998 10:01:00 AM
From: Turboe	Read Replies (2) \| Respond to of 11850

I would say the price is a tad high on the coal-- but not by more than a buck or two. (Grew up in the coal industry-- my grandfather found 2 largest mines west of the Mississippi.)

To: dwlima who wrote (3953)	5/28/1998 10:05:00 AM
From: RocketMan	Read Replies (1) \| Respond to of 11850

>> the $100M is what the un-excavated coal is worth...it would be dishonest and illegal to state that coal in the gorund has a value the same as finished product coal<< David, I am a bit confused by your statement. The press release says that $100M is the net value of the coal, assuming max cost to pull it out and min sales cost. So when you say 100M is what the un-excavated coal is worth, I assume you mean that is the net of what is projected to be in the groung, after it is pulled out and sold, counting all the costs. Am I right? P.S. For non-DGIV'ers here, David is our financial expert.