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EXHIBIT L <br />RECLAMATION COSTS <br />The following is an estimate of reclamation costs. Reclamation costs are limited to <br />shaping the site, placing the topsoil and re-vegetation. <br />Shaping: <br />Shaping the pit is done with a dozer. It is estimated that a dozer and operator can shape <br />0.2 acres per hour of reclaimed pit. <br />Mobilization (from Rangely) <br />Equipment cost: <br />Labor cost: <br />Total shaping <br />$60.00 per hour or $300.00 per acre <br />$30.00 per hour or $150.00 per acre <br />$450.00 per acre <br />Placing Topsoil: <br />Placing topsoil is done with a scraper. A scraper with a capacity of 16 cubic yard load <br />will take 5 hours of place topsoil on 1 acre of reclaimed pit. Production rate is l O loads <br />per hour. <br />Mobilization (from Rangely) <br />Equipment cost: <br />Labor cost: <br />Total placing of topsoil <br />$65.00 per hour or $325.00 per acre <br />$30.00 per hour or $150.00 per acre <br />$475.00 per acre <br />Re-vegetation: <br />Seed and application <br />$700.00 per acre <br />TOTAL RECLAMATION COST: $1625.00 per acre <br />