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  "notes": "Financial fairness opinion summary by Evercore.",
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      "text": "Evercore Group L.L.C. (\"Evercore\") has been asked by McMoRan's Special Committee of the Board of Directors whether, in Evercore's opinion, the consideration to be received by holders of common stock of McMoRan in the Proposed Transaction is fair, from a financial point of view, to such holders entitled to receive such consideration",
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      "text": "(1) ORRI Trust unit value based on the midpoint of the per unit value of the ORRI Trust at a 10% discount rate and an 11% discount rate using the NAV Assumptions under NYMEX Strip pricing as of December 3, 2012 assuming a $16.90 offer value for purposes of calculating make-whole and fully diluted shares assuming a December 31, 2012 closing date",
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