1. Guidelines and Cautions for Finishing

2. Group and Individual Work Individual Only 40% –Oral Presentations weekly –Completion of tasks weekly Group (sort of) 60% –Final Presentation Oral 20% –Final Written Report 40%

3. How Individual is handled Oral Reports –Do you make them – do they show your work – did you understand the work (as you should if you did it) Weekly Progress Checks –My determination of whether you were hitting assigned goals –Peer Evaluation

4. How is Group (sort of) Handled Oral Presentation –Individuals present only the work they did (since they will be accountable for answering questions about it) Don’t have people present slides they did not do Don’t have people present work they did not do –I will judge Quality of oral presentation Completeness and amount of work Ability to respond to questions and understand how things fit How well people tied their work to the project as a whole Team leaders and participants get benefits for planning and coordinating the presentation

5. More Group Each author puts their name on their written section and appendices People are evaluated on –Amount of work –Quality and completeness of work –Quality of written work (ie good or crappy English and order) –How well their work tied into whole picture

6. Evaluation Forms Each individual will indicate what they did, how, how much time was spent Each individual will rate the amount of work done by others

7. What are the Chances of Taking a Free Ride on Others? 40% individual work 60% work as a group but individual components are graded by individual How much could you get from your good looks and hanging around the right people –Maybe 30% –A C takes 70%

8. What Should Someone With a Guilty Conscience Do? Your design work is finished – reports are being done. If you feel your work has been late, lite, and slack and that your peers are going to kill you and your work volumes and quality will not rescue you – see me after class (I may have you design a mine expansion into some of the surrounding ground – it will work you to death these last few weeks but it will give you significant work volume to report on)

9. What Would I Like to See in an Economics Presentation? We are proposing a ___ clean tons/year coal project to develop a ___ ton coal deposit by ________ methods. The deposit is located in _______. The mine will provide _______ type of coal which will be shipped to market How? The project will cost $______ of investor capital The project also uses $_______ of bank provided project financing at a (real/nominal) rate of ____%

10. Continued The project will take _____ years to bring to production and will operate for ______ years The project will produce a _____ (real/nominal) rate of return on investor capital with an NPV of ________ at a (real/nominal) rate of _____. The payback period on investor capital is _____ The project financing will be repaid in ______ years

11. Continued The project produces a Net (before tax/after tax) cash flow as follows –Show the bottom line cash flow The project gross revenue flow is –Show the gross income from coal sales over time –This assumes a coal price of ____ FOB at What Point?

12. Continued The direct costs are –Maybe show a pie chart of what the costs are –The most significant costs are A - _______ (a dollar per year or flow if there are big changes) –These costs were estimated How? B- ________ –These costs were estimated How? C- ________ –These costs were estimated How? Etc.

13. Continued The minor direct costs are –-------------------- which we estimate by ---------- Our direct operating costs per ton are _____ Our fixed costs per ton without capital recovery are _______ We can therefore run the mine to a break even price of ____ per ton

14. Continued We did a sensitivity analysis on coal price and found –Show a graph of IRR vs. coal price The Spreadsheet looks like –Show sheet –For each Cost Center have a heading Information provided by _______ Sources used were ___________ Then the costs over time