Third Quarter 2014 Earnings call and Operations update October 30, 2014
Q3 2014 Results 32
Q3 2014 summary Q3 results continued to see the impact of soft market conditions Hopedale continued to encounter adverse geological conditions as it advances into the 7-seam expansion which resulted in higher costs Pennyrile mine…
Q3 2014 Illinois Basin Expansion Developed a low cost mine for a high demand Thermal product Production commenced on schedule in Q2 2014 First coal sales occurred on July 1, 2014 with first full month of shipments exceeding original…
Q3 2014 Sales Update Stable long term committed sales in place Hopedale remains fully contracted through the Committed Sales end of 2014 and is approximately 75% contracted for 2015 Period Tons (in 000s) Q4 2014 1,032 Castle…
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