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September 05, 2007


Just a minor point: 30-60 days sounds like a very fast amount of time for approval from both STB and CFIUS (then again, since DM&E was already foreign owned, CFIUS approval may not be necessary).

We can say what we want about Kevin Schieffer being absolutely tone-deaf about environmental and safety impacts involving PRB expansion, but there's no denying that he built a good, usable asset out of what were esentially junk tracks. I like the part of additional contingency payments being contingent on getting PRB built. What better way of avoiding that part of the contract by...not building PRB!

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