| REPORT OF CURRENT TIMBER VALUE | ||||
| 8/01/07 | ||||
| Peake Tract, Jasper County, 266.73 Acres | ||||
| SUMMARY | ||||
| ITEM | PERCENT OF VALUE | $/ACRE | VALUE | |
|---|---|---|---|---|
| MERCHANTABLE TIMBER | 100.00% | $1,434.92 | $382,737 | |
| PRE-MERCHANTABLE TIMBER | 0.00% | $0.00 | $0 | |
| Total Timber Value | $1,434.92 | $382,737 | ||
| MERCHANTABLE TIMBER | No growth added since cruise dated April 2005 | |||
| Species | PRODUCT | TONS | $/TON | VALUE |
| Pine | Pulpwood | 321 | $7.00 | $2,247 |
| Chip & Saw | 212 | $22.00 | $4,664 |
|
| Sawtimber | 4,653 | $48.00 | $223,344 |
|
| Total Pine Value | 5,186 | $44.40 | $230,255 |
|
| Hardwood | Pulpwood | 4,229 | $8.00 | $33,832 |
| Palletwood | 902 | $15.00 | $13,530 | |
| Sawtimber | 3,504 | $30.00 | $105,120 | |
| Total Hardwood Value | 8,635 | $17.66 | $152,482 | |
| Total Merchantable Timber Value | $382,737 | |||
| PREMERCHANTABLE TIMBER | ||||
| AGE | ACRES | $/ACRE | VALUE | |
| 0 | ||||
| 1 | ||||
| 2 | ||||
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 | ||||
| Total Premerchantable Timber Value | $0 |
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