Arch Resources (ARCH)

Summary & Back of the Napkin Proforma

Intro

Arch Resources, ticker symbol ARCH, is a metallurgical and thermal coal producer headquartered in St. Louis, MO. ARCH operates seven mines, three of which are thermal mines in the western US, and the remaining four are met mines located in Central Appalachia (CAPP):

Thermal Mines:

• Black Thunder - Powder River Basin (PRB), Wyoming - Black Thunder is f…