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Whitfield

06/24/17 5:35 PM

#38853 RE: JamesE_ #38852

Why would he mention this on Monday? What indication do you have that that's even a possibility?

White Coal

06/25/17 9:52 PM

#38889 RE: JamesE_ #38852

Keep in mind: We negotiated a 50/50 split with our investor. This applies to anything Wyoming related. So we will receive the initial 2MM, plus 0.75/ton (half of the $1.50) royalties. The other 2 Wyoming pants appear to be under the same negotiated contract. Why is this good?

It shows our 70% stakeholder isn't that concerned about kicking back an additional 20%. They apparently see Wyoming as just the tip of the iceberg, and aren't that concerned..

Or they're extremely kind. Either way, I'm good with it :)