J&T Consulting, Inc. Journey Ventures, LI
<br />Kersey Gravel
<br />3/18/2(
<br />Bond Quantities and Costs
<br />07113 Journey Ventures Pit Rec Bond Calcs
<br />Phase 6 (3.18 acres)
<br />lReclamation Operation Quantity Unit Unit Cost Cost
<br />Active Mining Area
<br />Credit for Slurry Wall Required to Close Phases 3-5 (4,979) If $ 310.00 $ (1,543,444)
<br />Slurry Wall Required to Close Phases 3-6 5,628 If $ 310.00 $ 1,744,627
<br />Credit for Overburden Placement Required to Close Phase 3-5 (147,526) cy $ 2.25 $ (331,933)
<br />Overburden Placement Required to Close Phase 3-6 166,756 cy $ 2.25 $ 375,200
<br />Dewatering Req'd for Phase 6 Area 81.56 Mil. Gal. $ 400.00 $ 32,624
<br /> Total Di rect Cost $ 277,074
<br />Overhead and Profit Cost (12.60%) $ 34,911
<br />Contract Cost $ 311,986
<br />Project Management (9.25%) $ 28,859
<br />Additional Financial Warrant Required For Phase 6 $ 340,84,
<br />Cummulative Financial Warran Required For Phases 1-6 $ 2,806,283
<br />Phase 7 (6.54 acres)
<br />Reclamation Operation Quantity Unit Unit Cost Cost
<br />Active Mining Area
<br />Credit for Slurry Wall Required to Close Phases 3-6 (5,628) If $ 310.00 $ (1,744,627)
<br />Slurry Wall Required to Close Phases 3-7 6,226 If $ 310.00 $ 1,929,939
<br />Credit for Overburden Placement Required to Close Phase 3-6 (166,756) cy $ 2.25 $ (375,200)
<br />Overburden Placement Required to Close Phase 3-7 184,474 cy $ 2.25 $ 415,067
<br />Dewatering Req'd for Phase 7 Area 129.08 Mil. Gal. $ 400.00 $ 51,632
<br /> Total Di rect Cost $ 276,810
<br />Overhead and Profit Cost (12.60%) $ 34,878
<br />Contract Cost $ 311,689
<br />Project Management (9.25%) $ 28,831
<br />Additional Financial Warrant Required For Phase 7 $ 340,520
<br />Cummulative Financial Warranty Required For Phases 1-7 $ 3,146,803
<br />Phase 8 (19.07 acres)
<br />Reclamation Operation Quantity Unit Unit Cost Cost
<br />Active Mining Area
<br />Credit for Slurry Wall Required to Close Phases 3-7 (6,226) If $ 310.00 $ (1,929,939)
<br />Slurry Wall Required to Close Phases 3-8 7,640 If $ 310.00 $ 2,368,400
<br />Credit for Overburden Placement Required to Close Phase 3-7 (184,474) cy $ 2.25 $ (415,067)
<br />Overburden Placement Required to Close Phase 3-8 226,370 cy $ 2.25 $ 509,333
<br />Dewatering Req'd for Phase 8 Area 233.53 Mil. Gal. $ 400.00 $ 93,412
<br /> Total Di rect Cost $ 626,140
<br />Overhead and Profit Cost (12.60%) $ 78,894
<br />Contract Cost $ 705,033
<br />Project Management (9.25%) $ 65,216
<br />For Phase
<br />Cummulative Financial Warrantv Required For Phases 1-8 $ 3,917,051 1
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