experts report points the way ahead, page-4

Page 1 of experts report.

"The eight licenses are at present owned by BDBL LLC. The licenses were previously PART OF A LARGE COAL LICENSE PORTFOLIO ACQUIRED BY POLO RESOURCES LLC (POLO) DURING 2007 and 2008."

So it would appear they are part of a portfolio of licenses acquired Pete, not the entirety of the licenses acquired for the amount you suggested.

The wording is a little vague, but it would appear that the money outlaid in your post was for more than just the licenses we are now getting.