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Mr.Allen Sorenson—DMG <br /> March 8,2001 <br /> Page 2 <br /> be scheduled to be heard at the Board's April 25 meeting as long as DMG is willing to extend the <br /> time for Climax to provide an updated bond until 60-days following resolution of the final bond <br /> amount,whether that is by agreement or decision of the Board. This approach is consistent with <br /> Rule 4.2.5(3). <br /> Please contact me at your earliest convenience so that we may determine a date to meet with <br /> DMG representatives. You may contact me at(719)486-2150, ext. 723. <br /> Sincere , <br /> Bryce R. Romig <br /> Climax Molybdenum Company <br /> Cc: R. Mohr—Phelps Dodge Corporation <br /> B. Rech—Climax Molybdenum Company <br /> J. Cupp—Climax Molybdenum Company <br /> D. Moellenberg—Gallagher&Kennedy P.A <br />