unsolicited approach, page-66

Hildili have debt which has just gotten more expensive by an S&P downgrade. It owns mines directly which are taking longer than expected to bring onstream. Yes I am guessing, but hopefully it's an educated guess based on publically available information.

Also, it's worth more to Peabody due to synergies, so hopefully a deal will be done at a fair price for all involved.

Denial, what do you think EOC is worth?