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Re: benchman post# 17824

Tuesday, 07/23/2013 3:34:31 PM

Tuesday, July 23, 2013 3:34:31 PM

Post# of 22426
You can repeat it as often as you want but the FACTS are right here for all to see in the last 10K ,so it's not a secret. I don't care who you say you talked to or what they told you. Posting legitimate facts isn't bashing, it's honest appraisal of the situation. All the rest here is just hype and speculation. Unless you really believe all this nonsense about the evil MM's shorting this down another 20% today!
GLTY anyway

Coal Sales

On January 1, 2012 the Company entered into a contract to supply coal to Indianapolis Power and Light (IP&L) at a fixed price for three years. Terms of the contract dictated certain quantity delivery requirements well as possible pricing adustments due to seller’s compliance costs and/or the BTU content of the coal.

Because the mine is still in process of being completed and ramping up to full production, subsequent amendments to the original contract have been agreed to whereby the original supply requirement to IP&L over the course of the contract has been reduced.


GO NAVY !!

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