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c., Long-Term Study 098o-1996r (Chapter 5) in Robert F. Reilly and Robert P. Schweihs, eds. The Handbook of Advanced Business Valuation (New York: McGraw-Hill, 2000). CONFIDENTIAL I WTAS LLC 94 EFTA00307489 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June so, 2011 • PMV Studyn. FMV conducte
9,389 5805.489 $869,928 $930,823 $986,673 2) Coal °Pseuds sold 108.582 181.795 273.293 360.555 432.878 480.469 518.906 555.230 588.543 Cnoss nrawn 35,970 89,144 150,371 216,388 286,511 325.020 351,022 375,594 398.129 3) Operating expernes 64300 86,918 120,521 140,295 152.59
c., Long-Term Study 098o-1996r (Chapter 5) in Robert F. Reilly and Robert P. Schweihs, eds. The Handbook of Advanced Business Valuation (New York: McGraw-Hill, 2000). CONFIDENTIAL I WTAS LLC 94 EFTA00307388 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June so, 2011 • PMV Studyn. FMV conducte
9,389 5805.489 $869,928 $930,823 $986,673 2) Coal °Pseuds sold 108.582 181.795 273.293 360.555 432.878 480.469 518.906 555.230 588.543 Cnoss nrawn 35,970 89,144 150,371 216,388 286,511 325.020 351,022 375,594 398.129 3) Operating expernes 64300 86,918 120,521 140,295 152.59
c., Long-Term Study 098o-1996r (Chapter 5) in Robert F. Reilly and Robert P. Schweihs, eds. The Handbook of Advanced Business Valuation (New York: McGraw-Hill, 2000). CONFIDENTIAL I WTAS LLC 94 EFTA00307287 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June so, 2011 • PMV Studyn. FMV conducte
9,389 5805.489 $869,928 $930,823 $986,673 2) Coal °Pseuds sold 108.582 181.795 273.293 360.555 432.878 480.469 518.906 555.230 588.543 Cnoss nrawn 35,970 89,144 150,371 216,388 286,511 325.020 351,022 375,594 398.129 3) Operating expernes 64300 86,918 120,521 140,295 152.59
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