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American Resources Corporation (AREC)

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Last Post: 10/8/2018 11:26:07 PM - Followers: 4 - Board type: Free - Posts Today: 0

THE MOST RECENT COMPANY INFORMATION IS AVAILABLE ON THE COMPANY'S WEBSITE:  http://AmericanResourcesCorp.com/

Updates can also be found on: 
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AREC Snapshot
 



AREC's fully functioning McCoy Elkhorn Complex
AREC's McCoy Elkorn Complex
AREC's fully functioning McCoy Elkhorn Complex.
 
 
"With over 12 years of experience in successfully operating coal assets throughout all stages of market cycles,
we have built a platform focused on our customers, investors 
and employees to deliver accretive growth safely and efficiently."
MARK J. LAVERGHETTA
VICE PRESIDENT OF CORPORATE FINANCE & COMMUNICATIONS


American Resources Corporation’s roots date back to 2006 when the founding partners successfully restructured a coal mining
complex of 7 mines and a wash plant located in Floyd County, Kentucky. Since then, management has utilized their operating
philosophy focused on safety, efficiency, cost, and coal quality to acquire and restructure high-cost mining complexes in eastern
Kentucky to become efficient and profitable operations. In 2015, the company’s wholly-owned subsidiary, Quest Energy Inc., was
formed as management actively pursued acquiring strategic coal operations that were struggling during the coal industry’s downturn.

Through the acquisition of Deane Mining, ICG Knott County (later renamed Knott County Coal), and McCoy Elkhorn Coal,
American Resources currently operates both metallurgical and high-grade thermal coal mines in eastern Kentucky. With
a large number of low-holding cost permits that access metallurgical coal, PCI and high BTU low sulfur coal the Company
is executing on its organic growth plan while continuing to identify accretive acquisition targets that meets American
Resources’ low-cost, efficient coal mining model.


 
"American Resources Corporation is not just another commodity-based company; we are building the next generation of mining
companies utilizing strict discipline of performance, productivity and safety. The key to our success is the operating culture
our team embraces that thrives on efficiency and accountability, enabling the company to capitalize on all market cycles."
MARK C. JENSEN
CHIEF EXECUTIVE OFFICER & CHAIRMAN OF THE BOARD
 


CORPORATE OVERVIEW FOR INVESTORS (Powerpoint)
https://uploads-ssl.webflow.com/5aafef3a67150adc031ae667/5bbba09f86f1aed6b549aa17_ARC%20-%20Corporate%20Overview%20Fall%202018%20(Public).pdf
 
 
 
 
                                                                      HEADLINES FOR 2018
Date   Headline
Oct 3, 2018 American Resources Corporation Expands Coal Processing and Transloading Services Business
Sep 25, 2018 American Resources Corporation Announces the Divestiture of Non-Core Operations and Reduction of Company Liabilities
Sep 20, 2018 American Resources Corporation Appoints Tarlis Thompson as Chief Operating Officer
Sep 10, 2018 American Resources Corporation Records Record Revenue for August 2018
Aug 2, 2018 American Resources Corporation Secures Coal Processing and Transloading Agreement
Jul 26, 2018 American Resources Corporation (OTCQB: AREC) 2018 Letter to Shareholders
Jun 18, 2018 American Resources Corporation Begins Trading on the OTCQB Venture Market
May 30, 2018 American Resources Corporation Begins Production at Razorblade Surface Mine
May 29, 2018 American Resources Corporation Reduces Company Liabilities by Over $18 million
May 14, 2018 American Resources Corporation Acquires Active Surface Mining Operation
May 10, 2018                   American Resources Corporation Secures Additional Coal Mining Equipment for Expansion of Existing Mines
Apr 24, 2018  American Resources Corporation Acquires Metallurgical Coal Mining Operations in Eastern Kentucky
Apr 23, 2018 American Resources Corporation Files 2017 Form 10-K and Audited Annual Consolidated Financials
Mar 13, 2018 American Resources Corporation Files September 31, 2017 Form 10-Q




REMARKABLE REVENUE GROWTH POINTS TO PROFITABILITY

As the COMPANY SNAPSHOT mentions AREC's Revenues have been ramping up over the last year two years. 
     2016       $7.6 million
     2017      $20.8 million
     2018 YTD  (as of 08/30/2018): $19.8 million     Expected $28-30 million for 2018.


As REVENUES have been ramping up their GROSS PROFIT and EBITDA have been improving.  

Quartery Reports* (in millions)   Revenues         Gross Profit        Net Income (loss)  
'17 Q3 4,351 1,554 (1,809)
'17 Q4 5,486 1,449 (5,356)
'18 Q1 7,325 1,851 (2,669)
'18 Q2 7,023 2,403 (1,860)
'18 Q3?      
'18 Q4?      
 * from SEC.GOV Filings on https://www.otcmarkets.com/stock/AREC/financials

 


 RADIO INTERVIEW with UptickNewswire.com from August 13, 2018
Here's an informational interview of our CEO Mark Jensen with Everett Jolly from UptickNewswire.com Radio: (Length: 9 minutes)

Press Release and Uptick Newswire Broadcast.

Information of note from Interview / Press Release: 
Management forgave over $18 Million owed to them in company debt and exchanged it for an equity interest in the present company.   
Revenues have been growing at over 40% over last year.
Merger and Acquisitions will continue to be part of the plan for further growth.
In the last year the Value of Coal has increased 45-60% and exponentially increased profit margins.

 
 
 RESEARCH REPORT from Sylvacap.com dated September 4, 2018

"A New Standout in Middle-Market Coal: American Resources"

 https://sylvacap.com/a-new-standout-in-middle-market-coal-american-resources/
 
                                                                   AMERICAN RESOURCES CURRENT OPERATIONS
 
McCoy Elkhorn Coal
McCoy Elkhorn Coal is located in Pike County, Kentucky and currently has two operating underground mines within the Glamorgan and Alma coal seams, with additional mines in development in the Alma, Cedar Grove and Pond Creek coal seams. McCoy Elkhorn mines and sells metallurgical coal, and utilizes its two state-of-the-art processing facilities with a combined capacity of 1,300 tons-per-hour, and batch-weight loadouts on the CSX railroad.
Knott County Coal
Knott County Coal is located primarily in Knott County, Kentucky and will utilize both surface and underground mining methods in the Lower Elkhorn, Elkhorn 2, Elkhorn 3, Elkhorn 3 Rider, Hazard 4, Hazard 4 Rider, and Amburgey coal seams.  Knott County Coal will mine and sell PCI, industrial, and high-grade thermal coals, and utilize its 400 ton-per-hour preparation plant and batch-weight loadout on the CSX railroad.
 
Gold Star Mine
ERC Mining Indiana Corporation operates the Gold Star Mine and is located in Greene and Sullivan Counties, Indiana and consists of a box-cut underground mine accessing approximately 54.9 million tons of high-grade, low sulfur coal within the Indiana IV and Indiana III coal seams.  The Gold Star Mine utilizes its 170 ton-per-hour preparation plant and batch-weight loadout on the Indiana Rail Road.
 
Deane Mining
Deane Mining is located in Letcher County, Kentucky and utilizes both surface and underground mining methods primarily in the Elkhorn 3, Hazard 4, and Hazard 4 Rider coal seams, with additional mines in development in the Elkhorn 2, Elkhorn 3, and Hazard 4 coal seams. Deane Mining produces and sells PCI, industrial, and high-grade thermal coals, and utilizes its 800 ton-per-hour preparation plant and batch-weight loadout on the CSX railroad.
 
 

American Resources Corporation Begins Production at Razorblade Surface Mine  May 30, 2018

 
 



Videos of New Operations and Events at American Resources Corporation
https://www.facebook.com/pg/americanresourcescorp/videos/?ref=page_internal
First production runs, new equipment implemented, fully loaded train departs, etc.

Slide Show of American Resources Corporation
https://www.facebook.com/americanresourcescorp/videos/1056630697847034/


 
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AREC News: Securities Registration Statement (s-1/a) 10/16/2018 03:23:12 PM
AREC News: Current Report Filing (8-k) 09/25/2018 06:06:35 AM
AREC News: Current Report Filing (8-k) 09/10/2018 09:38:13 AM
AREC News: Quarterly Report (10-q) 08/14/2018 04:37:12 PM
AREC News: Securities Registration Statement (s-1/a) 07/03/2018 03:14:55 PM
PlusOneCoin Top Posts
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PostSubject
#23   OUR STORY RandyKCMO 10/08/18 11:26:07 PM
#22   OPERATIONAL TIMELINE RandyKCMO 10/08/18 11:21:47 PM
#21   KEY INVESTMENT HIGHLIGHTS RandyKCMO 10/08/18 11:18:24 PM
#20   OPERATIONAL TEAM RandyKCMO 10/08/18 11:08:24 PM
#19   EXECUTIVE TEAM RandyKCMO 10/08/18 11:05:49 PM
#18   Ticker: AREC (OTCQB) RandyKCMO 10/08/18 10:55:14 PM
#17   Found this summary of their business plan on RandyKCMO 10/08/18 10:11:16 PM
#16   American Resources Corporation RandyKCMO 10/08/18 09:54:06 PM
#15   reminds me of when discovered AIKO early ... lowfloatmaster 08/13/18 03:38:11 PM
#14   yep lowfloatmaster 08/13/18 03:36:30 PM
#13   Arec could go 1000%%%++++ m1999 08/13/18 03:12:09 PM
#12   AREC nice tiny float m1999 08/13/18 03:11:53 PM
#11   arec looks great m1999 08/13/18 03:10:31 PM
#10   I think float under 50k Insiders own lowfloatmaster 08/13/18 03:09:03 PM
#8   Yep read as well lowfloatmaster 08/13/18 02:26:51 PM
#7   The float on this one is minimal, less smallcapguru 08/08/18 05:05:09 PM
#6   Huge volume day! QUANTUM314 06/20/18 11:43:52 PM
#5   Already a nice start to the day again Wishmaster 06/19/18 09:43:27 AM
#4   Fresh ticker, no front loading, I dig it. Joe Callaway 06/18/18 07:32:22 PM
#3   Could see $10 on this float and SS. nickroc 06/18/18 07:27:47 PM
#2   Dude for real. 98k float. About 40-50 i nickroc 06/18/18 07:26:39 PM
#1   Run of the summer on deck. QB Certification Wishmaster 06/18/18 04:03:34 PM
PostSubject