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VIII-13<br />

APPENDIX<br />

This Appendix contains tabular data from potash reserve valuation simulations. Each page<br />

contains five blocks, each <strong>of</strong> which summarizes 48 simulation runs. Data are reported for<br />

the present value <strong>of</strong> revenues (PV Rev), the present value <strong>of</strong> cash flows to a hypothetical<br />

developing firm (PV CFlow), the present value <strong>of</strong> severance taxes (PV Sev Tax), the<br />

present value <strong>of</strong> state taxes (PV StateTax), the present value <strong>of</strong> corporate taxes (PV<br />

CorpTax) and the present value <strong>of</strong> royalties (PV Royal).<br />

For each category and simulation run si.unmary, averages, standard deviations (STD),<br />

maximum values (MAX), minimum values (MIN) and median values are reported.<br />

Averages for expected revenues and cash flows are reported in the body <strong>of</strong> this paper.<br />

The following tables are listed:<br />

WIPP Site Langbeinite:<br />

Case 1, Scenario 1, 15 % discount rate<br />

Case 1, Scenario 2, 15 % discount rate<br />

Case 2, Scenario 1, 15 % discount rate<br />

Case 2, Scenario 2, 15 % discount rate<br />

Case 3, Scenario 1, 15 % discount rate<br />

Case 3, Scenario 2, 15 % discount rate<br />

Case 1, Scenario 1, 10% discount rate<br />

Case 1, Scenario 2, 10% discount rate<br />

Case 2, Scenario 1, 10% discount rate<br />

Case 2, Scenario 2, 10% discount rate<br />

Case 3, Scenario I, 10% discount rate<br />

Case 3, Scenario 2, 10% discount rate<br />

WIPP Site Sylvite<br />

Scenario I, 15 % discount rate<br />

Scenario 2, 15 % discount rate<br />

Scenario I, 10% discount rate<br />

Scenario 2, 10% discount rate<br />

Combined Area Langbeinite<br />

Case I, Scenario 1, 15 % discount rate<br />

Case 1, Scenario 2, 15% discount rate<br />

Case 1, Scenario 3, 15 % discount rate<br />

Case 2, Scenario 1, 15 % discount rate<br />

<strong>Information</strong> <strong>Only</strong>

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