Metallurgical Coal

METALLURGICAL COAL FOR SALE AND JOINT VENTURE METALLURGICAL COAL MINING PROPERTIES AND OPERATIONAll pricing will be shipped FOB either Norfolk, VA or New Orleans, LA. The coal mine will accept a multi-year contract up to (5) years or more, adjustable every (90) days if the buyer desires. The coal mine will allow and almost request that the buyer places one of his surveyors at the loading terminal to check the material along with the SGS surveyor for their own benefit. These miners have been shipping for the past (20) years, and also have a JV partnership available in one of their properties if the Chinese mill is interested. Appaloosa Fund is looking at an investment in their properties at this time, but to date, still available. I am going to provide you with (2) attachments. The first one being the Low Vol coal that they have a partnership JV available, and that shows low%20Vol in the heading; The second is the High Vol specs that they are currently shipping, and that is the Tiff. They can ship a spot order of 50,000 MT, but the price will be higher than the contract price by maybe 20%. The USA coal is much, much better than the Australian by far, as they need to use more of the Australian to obtain the same result. Please read the rest of this e-mail, as it will provide you with pricing on the High Vol, and some Mid Vol that can be shipped from New Orleans. The Buyer is welcome to visit the mine once a verifiable order is received and can leave their people there to watch the loading.In closing, the specs; pricing and port loading information is below, so again, please read everything, as it will answer your questions. If you have any other questions, please contact me. Latest Cost Revisions for Alma Coal. We can send the Alma Met Coal down to New Orleans Port for $181.76/MT US FOB Ship as opposedto Lamberts Point VA (CSX RR) for $185.81/MT US Loaded on the Ship. There is a savings.RE: Pikeville, Kentucky USA Washed High Vol MET Hard Coking Coal For Sale 50,000 tons per month Now100,000 tons per month Starting May- 2010High Vol Coal (Hard Coking Coal)Low Sulphur (0.8) or lowerFSI (Free Swelling Index Coke button. 6 to 9 ( average 7.0)Very hot Coal-14,200 BTU's Per PoundAsh - 9%Moisture- 4.0% or lessVolatile matter (VOL) 31 to 33Fluidity- 28,000 - 31,000Full Prox attached hereto We believe this coal to be priced less thancoal being offered by the Arch Coal (ACI).Mid Vol CoalChemical properties of the required coal.Moisture content 5-12%Ash <10% (dry matter)Volatile 20-30% (dry matter)Sulfur <1.0% (dry matter)Hardgrove Index > 50%Calorific Value kcal / kg - > 6700C > 80%H > 4%P <0.1%Cl <0.1%K2O in the ash <1%Na2O in the ash <0.5%Size 0-70 mm Price is $165.00 FOB New Orleans.Another seam in Alabama is a blended coal, so can almost blend to any spec that is required, but pricing different and we need to see spec.Delivery of this coal can start at 50,000 MT per month for (3) months, than can go to 100,000 MT per month thereafter. The Mine Owners are willing to sign a (5) year contract with price revisions every (90) days.(JV partnership potential is next paragraph below)You ask about low vol. I have 60 Million tons of in place Pocahontas #3 coal which is the Number one met coal in the world. We are in the process of permitting same. Deep underground coal Box cut. See specs attached hereto. $60 Million to build the mine. Investors to receive their money back first then 50% to us, 50% to the investor. Poca #3 should sell for $180 per ton in the Rail Car or more. We will ship this coal on the Norfolk Southern RR.

Metallurgical Coal; Low; Mid and High Vol; 7-9 FSI; low Ash; Vol from 20-30 depending on grade