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On2them

08/09/09 5:00 PM

#30751 RE: just-the-facts #30739

Thanks, jtf, now if we can hear that from the company (that Massey can take all the magnetite CPRK can deliver "and then some") and if Massey pays market price past the discounted 75,000 tons per year, that is a fair amount of money as several have calculated here already. I might need to put that in my spreadsheet!

I'm trying to imagine the amount of coal Massey must clean using these thousands of tons of magnetite. My guess is that their coal goes to utility companies for general electrical production from coal burning power plants (where a little tramp magnetite would seem to be harmless.)