2022-09-27_GENERAL DOCUMENTS - C1980007

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Table 2 West Elk Mine C-1980-007 Bond Release History Phase I Phase II Phase III Release Acres Amount Acres Amount Acres Amount SL-01 15.19 $79,727.00 0.00 $0.00 0.00 $0.00 SL-02 5.50 $122,629.00 0.00 $0.00 0.00 $0.00 SL-03 47.65 $470,488.00 0.00 $0.00 0.00 $0.00 SL-04 0.00 $0.00 67.60 $196,037.00 0.00 $0.00 SL-05 13.85 $94,475.00 0.00 $0.00 0.00 $0.00 SL-06 0.00 $0.00 0.00 $0.00 24.20 $69,761.00 SL-07 19.23 $97,871.00 0.00 $0.00 0.00 $0.00 SL-08 10.05 $110,452.00 0.00 $0.00 0.00 $0.00 SL-09 0.00 $0.00 0.00 $0.00 22.10 $38,462.00 SL-10 9.97 $149,727.22 0.00 $0.00 0.00 $0.00 SL-11 0.00 $0.00 0.00 $0.00 15.25 $26,825.00 SL-12 22.58 $295,827.06 0.00 $0.00 0.00 $0.00 SL-13 0.00 $0.00 50.04 $81,667.48 0.00 $0.00 SL-14 12.05 $146,798.23 0.00 $0.00 0.00 $0.00 Total 156.07 $1,567,994.51 117.64 $277,704.48 61.55 $135,048.00 Prior to the SL-15 release the total disturbed acreage (TDA) at the West Elk Mine was 556.33 acres, and the required surety(RS)was $11,405,576. Rule 3.03.1(2) allows for the release of up to 60% of the applicable bond at Phase I,25% at Phase II and the remaining 15% at Phase III,the calculation below shows the maximum dollar amount eligible for release with the approval of SL-15 (X): SL15 acres X _ TDA x RS x 0.6 11.67 X 556.33 x $11,405,576 x 0.6 X = $143,551.21 Table 3 Maximum Bond Eligible For Release per Rule 3.03.1(2) Prior to SL-15 Prior to SL-15 SL-15 Eligible for release (Acres) (Required Surety) (Acres) with SL-15 Phase I-60% $6,843,345.60 11.67 $143,551.21 Phase II-25% $2,851,394.00 0.00 $0.00 Phase III-15% $1,710,836.40 0.00 $0.00 Total 556.33 $11,405,576.00 $143,551.21 In the site-wide reclamation cost estimate(RCE)recently completed with the approval of Permit Renewal 08(RN-08)the reclamation of sites included in the SL-15 application is accounted for in tasks 428a,428b, C-1980-007 Page 8 of 10