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NEWS 6/27/2019.
NEWS American Resources Corporation Hires Seasoned Director of Coal Sales
FISHERS, IN / ACCESSWIRE / June 27, 2019 / American Resources Corporation (NASDAQ: AREC), a supplier to the rapidly growing global infrastructure marketplace, with a primary focus on the extraction, processing, transportation, and distribution of metallurgical coal to the steel industry, is excited to announce the hiring of Andy Cox as the company's Director of Coal Sales. In this new role for the company, Mr. Cox will oversee all sales of the company's metallurgical, specialty, industrial and high-quality thermal coals to existing customers while developing new sales strategies and partnerships throughout the industry.
Andy joins American Resources with over three decades of coal sales experience. Most recently, he worked in coal marketing and sales with Wise Energy Group, and prior to that he was Vice President of Marketing and Sales at Murray Energy Corporation for nearly five years. Before Murray Energy, he worked as Vice President of Sales for Rhino Resource Partners for nearly seven years.
This position at American Resources is a newly created role that is in response to the company's rapid coal production growth and its anticipated continued increase of coal sales. The forecasted increase in production of high quality metallurgical coal (or coking coal) and pulverized coal injection (PCI) coal over the next eighteen months will be sold to the international and domestic marketplaces.
The appointment of Mr. Cox supports the Company's strategic growth as a low-cost producer of metallurgical coal to serve steel producers and infrastructure initiatives worldwide. Chief Executive Officer of American Resources, Mark Jensen noted: "We are thrilled to have someone of Andy's caliber, character and work ethic join our team and his hiring comes at a time where we are forecasting rapid growth over the next four quarters.. We continue to see numerous opportunities to expand both organically and through strategic acquisitions and want to be more proactive in expanding our distribution network and servicing our customer base. Andy brings extensive knowledge and relationships to our platform which will certainly complement our growth."
"I am excited to join American Resources Corporation in their endeavor as they continue to expand their operations and coal production" commented Andy Cox. "After understanding their production strategy and growth potential, I think I can add value to the team as the company executes on its growth."
American Resources Corporation continues to focus on its growth objective by efficiently leveraging its large number of core mining permits and through identifying strategic, supplemental acquisitions. The Company is committed to being one of the lowest cost operators in the Central Appalachian basin (CAPP) and throughout all its coal mining, processing, and transportation operations.
Andy can be reached at awc@questenergyinc.com or by phone at (434) 409-5208.
About American Resources Corporation
American Resources Corporation is a supplier of raw materials to the rapidly growing global infrastructure marketplace. The company's primary focus is on the extraction, processing, transportation and selling of metallurgical coal and pulverized coal injection (PCI) to the steel industry. AREC's operations are based in the Central Appalachian basin of eastern Kentucky and southern West Virginia, where premium quality metallurgical products are located.
The company's business model is based on running a streamlined and efficient operation to economically extract and deliver resources to meet its customers' demands. By running operations with low or no legacy costs, American Resources Corporation works to maximize margins for its investors while being able to scale its operations to meet the growth of the global infrastructure market.
Website:
http://www.americanresourcescorp.com
Institutional/Retail/Individual Contact:
American Capital Ventures
Howard Gostfrand, President
305-918-7000 - Office
hg@amcapventures.com
www.amcapventures.com
PCG Advisory
Jeff Ramson, CEO
646-863-6893
jramson@pcgadvisory.com
www.pcgadvisory.com
Company Contact:
Mark LaVerghetta
317-855-9926 ext. 0
Vice President of Corporate Finance and Communications
investor@americanresourcescorp.com
https://www.otcmarkets.com/stock/AREC/news/story?e&id=1385782
Welcome aboard Notabadguy!
I agree. My assumption is that the company is waiting to actually begin a publicity campaign or promotion until they have actually closed on a substantial financing.
It's a little bit "Which comes first, the chicken or the egg?"
They need to get the word out... and create volume and have the stock price appreciate... to reflect the underlying value, while at the same time, needing the financing in place to actually begin developing the oil and gas properties, thereby demonstrating actual value of the properties in their portfolio.... AAHH THE PROVERBIAL RUB! :)
I'm in for the long haul. I own shares on the front end that are free trading and on the back end... where they are restricted.
Where this all goes and ends up, time will tell. My basic theory in this investment is that I have followed bigger and smarter money. At some point, they're going to make money... and in the process, I'm pretty sure that we as investors will too.
I've pretty much feel the same way.
I don't know that CBD oil is the or a cure, but I'm seriously convinced that quite a few people with cancer die from the chemotherapy.
Anyway... I've not corresponded with you for a long time... but I feel your frustration and pain.
Randy
Thanks. Stellar's been lagging a little. Like to see a nice run.
Oh... RE exercise prices of warrants and options... That was one of the factors that caught my interest.
In order for the company to access their represented value, or lower the exercise price without excess dilution, the share price will need to be significantly higher.
Time will tell.
No one knows the future, but if the company continues to take steps in the right direction, eventually the share price will reflect the underlying value.
At this point I would still rate this company as a fairly speculative buy. But with a company at this stage, the more important question is whether it will survive and succeed?
Presently, there are just a few eyes on this stock... there are 12 followers on IHUB. While I suspect very few or any will play a significant role in the long-term success of the company.
What we do know is that management seems to have found a formula that works. They have been able to access investment (venture) capital at a remarkable level that allows allows them to play a significant role in the consolidation of a pretty unconsolidated industry: soil reclamation and composting.
As they're business plan progresses, I think they have a story that will have large appeal. Soil preservation and restoration is a growing needed throughout the world. In many places the native flora and fauna on a microorganism level has been largely depleted. Chemical fertilisers, pesticides and herbicides, had resulted in a dependency on additional chemicals, fertilizers, pesticides and herbicides... I think it could well be a fairly sinister plot.
Q2Earth on a modest scale is working to restore soil to it's natural integrity. QPWR is pretty much the definition of environmentally friendly. If over rightly understood the recent product acquisition some of the studies show that after a year or two the amount and need for fertilizer is greatly diminished. Good stuff!!
THE LATEST CORPORATE UPDATE WAS ON 5/30/2019
https://www.otcmarkets.com/stock/FTMR/news/story?e&id=1368368
Apparently, they or OilPrice.com were dialed back by the TSXV. As Fortem Resources trades on the TSX they are obliged to follow the TSX rules for promotions and disclosures. The linked news release is what full disclosure looks like. As I mentioned to a friend when I forwarded this news release, I think this basically puts their TSX ducks in a row. :)
One of the requirements that's clear is that before promotional companies are hired, they need the approval of the TSX. I believe this is why they had to "RETRACT" the promotional article by Oilprice.com. With this release Oilprice.com a division of Advanced Media Solutions Limited is announced as our Investor Relations Company for the next 12 months.
I'm fairly confident a similar but modified version of this same article will eventually be published and promoted by agents the company. As someone posted already and the link is still active... there's a lot of great information available in the piece... not much new to us who've been following the company, but it's a story that needs a wider audience.
https://finanz.dk/this-25-billion-discovery-could-trigger-a-new-oil-boom/
What else? There was some clarification of who was/is doing Investors Relations for company.
1. The Company listed three companies that it had previously hired for investor relations. Winning Media LLC, Nevada Radio LLC, and
Paradox Public Relations... and is still using Nevada Radio LLC.
2. The Company disclosed what I believe are two stock issuances... one private placement and another for a Membership Purchase Agreement. Until we start generating revenue, the company depends on funding from external sources.
3. The Company announced the extension of its agreement for the Godin Oil properties in North Central Alberta.
"Further to its news releases dated October 1, 2018 and December 19, 2018, the Company announces that the proposed closing date of the asset purchase agreement dated September 26, 2018 with a major Canadian oil and gas company to purchase a 100% working interest in three oil leases covering a total of 20,719 hectares (51,200 acres) of heavy oil in north-central Alberta has been extended by the parties to a date on or before June 15, 2019. The extension was granted in consideration for the payment of CDN$100,000 to the vendor which will be credited towards the purchase price."
As this property is believed to be the main engine for Fortem Resources future growth (see UPDATED COMPANY PRESENTATION)... and on paper, it had previously expired. So I was glad to see that this agreement had been extended and still in play.
I think this agreement indicates the time-frame the company is working with. It may well indicate the proximity of the funding that it believes will allow them to move forward with its 2019 Q3 drilling plan. Apparently, management believes (or hopes) it will be able to close the acquisition of these properties by the middle of June. In order to do this... it will need to receive a substantial amount of funding within the next while.
(For more information see the 5-20-2019 release: Fortem Resources prepares to commence field operations at its Godin Property in North Central Alberta, Canada https://www.otcmarkets.com/stock/FTMR/news/story?e&id=1361057 )
Will they be able to commence field operations as anticipate? Time will tell!!
Hopefully, we will hear an announcement soon that a financing agreement has been reached and we can begin moving forward... full speed ahead.
Until then, or some additional information comes to light, I think we tread water in our current Price range. If all this drags out for weeks or months, I wouldn't be surprised to see the share price continue to slide.
Of course, the risk-reward ratio still remains. Once the news of the financing is announced, and we hear about the properties being prepped, developed, and the drilling begun, things are going to be very different.
As I've said before, the fundamental question for us as investors is: Do we believe Bruner and Caetano are able to put a funding agreement together? I don't doubt that they have been working tirelessly to make this company a success. And... since they have skin in the game, they are being picky and fussy about what sort of financing they're putting together. As they, and I assume their acquaintances, have put their personal property and assets into the company, they all want it to be priced reasonably and fairly. That is good for them... and that is good for us!
Now all we need is for Stellar to follow Bitcoin's increases
Already got mine... but it's a pretty great offer.
At this point I'm still quite hopeful.
I think there is some real potential here. Will the stock flounder between 3-5 cents for the foreseeable future? I doubt it.
The size of the bids during this uptick has been impressive. 700,000, 400,000, 150,000... someone is not afraid to catch a lot of stock.
I could be wrong (and I've been wrong before), but I've put some fairly serious capital on the line. I think its possible that over the next 6 to 12 months, we could see this stock appreciate multiple times it's current price.
Do I think the management is trying to turn QPWR into a real and profitable company? Yes. Yes, I do. In fact, I do not doubt it.
Do I believe the Venture Capitalists that have provided the funds to buy the composting companies have bought into Management's plan? Yes, I do.
It may well be that the worldwide marketing license with Agrarian Technologies for Organic Bio-Stimulants (ABS) will be the quickest route to revenue and profits, but I think that if the consolation of composting companies continues, our 20% ownership of the controlling entity, EPH, will be a compelling factor in indicating share value.
Venture Capitalists participate in ventures like this for one reason... TO MAKE A PROFITABLE RETURN ON THEIR INVESTMENT.
My Sticky Note post still stands... there is here the potential for Q2Earth to participate in the consolidation of the soil engineering, composting industry as well as introduce a natural and effective fertilizer to a world that is getting chemicaled out.
That's correct. I was need to have the article linked here. :)
NEWS 6/14/2019 Fortem Resources Inc. Announces Termination of Investor Relations Agreement with Oilprice.com and Entry into AMW Public Relations Inc. and Atlanta Capital Partners, LLC Investor Relations Agreements
VANCOUVER, BC / ACCESSWIRE / June 14, 2019 / Fortem Resources Inc. (TSXV: FTM; OTCQB: FTMR) (the "Company" or "Fortem") announces that it has terminated its previously announced investor relations agreement with Oilprice.com ("Oilprice"), a division of Advanced Media Solutions Limited, effective immediately. The Company also announces that, subject to approval from the TSX Venture Exchange (the "TSXV"), it has agreed to engage AMW Public Relations Inc. ("AMW") and Atlanta Capital Partners, LLC (" Atlanta Capital", and together with AMW, the "Consultants") to provide certain investor relations and consulting services to the Company (collectively, the "Services") pursuant to consulting agreements dated June 13, 2019 between the Company and each of the Consultants.
AMW Public Relations Inc.
AMW is a New York-based public relations firm which offers a comprehensive range of public relations services and techniques to assists clients maximize the benefits of their communications programs. The principal of AMW is Adam Weiss, Chief Executive Officer and founder of AMW.
As consideration for the Services to be provided by AMW, the Company has agreed to pay AMW a sum of $18,000 per month for an initial six-month term (the "Term"), with three months payable ($54,000) upon the commencement of the Term and with $18,000 payable for each subsequent month of the Term. The agreement with AMW and the consideration payable thereunder are subject to approval by the TSXV.
Atlanta Capital Partners, LLC
Atlanta Capital is an Atlanta-based investor relations firm that assists client management teams with broad spectrum consulting services including, but not limited to, corporate strategy, branding, and marketing services. The principal of Atlanta Capital is David Kugelman, President of Atlanta Capital.
The agreement with Atlanta Capital is for a four month term. As consideration for the Services to be provided by for Atlanta Capital, the Company has agreed to pay Atlanta Capital a sum of USD$5,000 upon receipt of TSXV approval of the agreement and USD$3,000 in months two and three of the agreement. The Company has also agreed to grant Atlanta Capital stock options (the "Options") to acquire 10,000 common shares of the Company (each, a "Share") at an exercise price of $2.11 per common share. The Options will vest in accordance with the vesting requirements of the TSXV and are exercisable for a period of twenty-four months. The agreement with Atlanta Capital and the consideration payable thereunder are subject to approval by the TSXV. The Options are subject to the terms and conditions of the Company's stock option plan.
The Company and each of the Consultants maintain an arm's length relationship, and, to the Company's knowledge, neither of the Consultants has any interest, directly or indirectly, in the securities of the Company other than as disclosed in this news release. The Company intends to use general working capital to fund the compensation payable to the Consultants.
Very impressed at this point. Looks like the clouds are parting and the sun is starting to shine!!
My guess is 100k share block trade yesterday was probably the shorts (who had been pushing the share price down) finding someone to help cover their loss.
I think we will be heading to higher ground for the foreseeable future!!
GO AREC!!
I saw one of their powerpoint presentations a while back and they're making great to do about their role in helping to rebuild America's and the world's infra-structure. The highest quality steal is made with the best coal (and that's in part coal from American Resources Corp!!
The Tagline I've seen a number of times is:
"American Resources Corporation is a supplier of raw materials to the rapidly growing global infrastructure marketplace."
See powerpoint presentation here:
https://uploads-ssl.webflow.com/5aafef3a67150adc031ae667/5c9a7d2f4c23934d30b239e3_ARC%20-%20Corporate%20Overview%20Sprint%202019%20(public).pdf
Hoorah!!
Don't you just love it when companies do exactly what they say???
1. Months ago they told us they were applying for NASDAQ Listing
DELIVERED On February 15 announced uplisting to NASDAQ Capital Market.
2. Around this time, they told us about their Form 3 Underwriting (IPO)
DELIVERED Despite the government shutdown, Announced March 7th announced that they raised $4.6 Million by selling 1,000,000 shares $4.00 per share plus over-allotment. (NOTE guess what is the low-end value of AREC's shares. Anything under this amount is a gift and means you're buying shares at less than the high dollar Maxim investors paid when underwritten.
3. In the 2019 Shareholder Letter, it was mentioned that they were interviewing top-tier investor relations firms....
DELIVERED. Yesterday's announcement of signing up with PCG Advisory is just that. Already now their news releases are now being displayed on a wider range of media outlets. (as in is now showing up on TD Ameritrade).
Need I go on??? OK one or maybe two more...
4. The company projected that by the end of 2019 they would be on an annual run rate of over $150 Million and climbing.
NOT QUITE DELIVERED... BUT... as 2019 progresses, it should become pretty obvious that their funds have been put to work and as I suggested before, we are witnessing the development of a MONSTER company.
AND when it becomes OBVIOUS... guess where the smart money will be?? Already invested... THAT WHERE!
5. PLUS... In his FOX NEWS Interview, our CEO said that "in five years, AREC will be one of the largest players in our space"... that is in the mining and processing of Metallurgical Coal. How's that for aiming for the moon??
NEWS RELEASE 6-18-2019 American Resources Corporation Selects PCG Advisory for Investor Relations Initiatives
https://www.irdirect.net/prviewer/release/id/3871026
FISHERS, IN / ACCESSWIRE / June 18, 2019 / American Resources Corporation (NASDAQ: AREC), a supplier to the rapidly growing global infrastructure marketplace, with a primary focus on the extraction, processing, transportation, and distribution of metallurgical coal to the steel industry, has selected PCG Advisory Inc. ("PCG") as the Company's advisor with a goal to increase market awareness and public outreach at large.
PCG is a leading New York City-based Investor Relations and Digital Strategy firm with a focus on broadening awareness, visibility, and credibility of emerging growth companies. With over twenty years of experience, PCG will assist AREC with market outreach, and will work to serve investors, while increasing corporate visibility.
"We're happy to have the team at PCG join us in helping deliver the American Resources story and objectives to the financial community," stated Mark Jensen, Chief Executive Officer. "Our company's growth is something that we're passionate about and proud of, and we're optimistic about our position in the metallurgical coal and steel markets. The demand for our coal qualities is significant in these particular markets as the need and desire for infrastructure improvements continues to evolve worldwide."
Founder and CEO of PCG Advisory Inc., Jeff Ramson, noted: "We're excited to be working with American Resources Corporation to further introduce the management team to the investment community, and beyond. We believe the Company's outlook is unique and resonates well, and our team looks forward to moving ahead with investor relations activities. Working with the team at AREC, PCG will execute and bring value to their shareholder base."
American Resources Corporation continues to focus on its growth objective by efficiently leveraging its large number of core mining permits and through identifying strategic, supplemental acquisitions. The Company is committed to being one of the lowest cost operators in the Central Appalachian basin (CAPP) and throughout all its coal mining, processing, and transportation operations.
About American Resources Corporation
American Resources Corporation is a supplier of raw materials to the rapidly growing global infrastructure marketplace. The company's primary focus is on the extraction, processing, transportation and selling of metallurgical coal and pulverized coal injection (PCI) to the steel industry. AREC's operations are based in the Central Appalachian basin of eastern Kentucky and southern West Virginia, where premium quality metallurgical products are located.
The company's business model is based on running a streamlined and efficient operation to economically extract and deliver resources to meet its customers' demands. By running operations with low or no legacy costs, American Resources Corporation works to maximize margins for its investors while being able to scale its operations to meet the growth of the global infrastructure market.
Website:
http://www.americanresourcescorp.com
About PCG Advisory Inc.
Founded in 2008, PCG Advisory is dedicated to the delivery of top-tier strategic advisory services that encompass investor and stakeholder relations, capital markets navigation, corporate communications and social media management for emerging growth companies. The team at PCG has extensive experience with life science, fintech and blockchain technology and works with innovative and emerging companies from around the globe. As an aggregation, distribution, and engagement platform, PCG reaches thousands of individual, retail and institutional investors and stakeholders in its proprietary and extensive distribution network as well as through the use of unique multimedia marketing and audience development techniques. For more information, go to: www.pcgadvisory.com
Institutional/Retail/Individual Contact:
American Capital Ventures
Howard Gostfrand, President
305-918-7000 - Office
hg@amcapventures.com
www.amcapventures.com
PCG Advisory
Jeff Ramson, CEO
646-863-6893
jramson@pcgadvisory.com
www.pcgadvisory.com
Company Contact:
Mark LaVerghetta
317-855-9926 ext. 0
Vice President of Corporate Finance and Communications
investor@americanresourcescorp.com
Yeah... it just depends how you look at it.
As I'm hoping to build my position after a couple of my other positions get liquid... I'm OK if it sits down here for another week or two.
WHICH... probably means it will move to higher ground sooner rather than later.
HAH... see if I can't jinx this... [[I'm probably not thinking of something.]] :)
As I already own a sizable position... If it goes up sooner rather than later I WIN.
BUT IF... it hangs out at these levels, I will be able to add to my position... and then I WILL WIN EVEN MORE!!!
I believe QPWR has a Bright Future. The recently announced agreements are provocative and bode well for the company's future.
I believe there remain a number milestones to be reached, but it looks to me like the stars are aligning quite nicely.
By any standard... over the last 6 to 9 months, it clear that management had found a working formula and is moving forward by growing the company in some pretty tangible ways.
Management seems focused on its niche market of soil engineering and composting. Although the acquisitions are being held a third party entity, EPH, it makes some sense if you think about it. Venture Capital groups are in the market to make money. If they would contribute millions or 10's of millions to a public company like QPWR their capital would be at risk... from dilution, from crooked individuals and management trying to fleece them and vice versa.
However, by using this third-party entity approach, the VC guys are more willing to expend their capital as they are able to retain ownership and control. QPWR benefits a number of ways in the process. Obviously, they own a tangible portion of each of these entities... 19.9% to be exact. If and when EPH would ever be liquidated or brought into the public market a substantial amount of the profits would be retained by QPWR.
In the mean time, as QPWR provides managerial oversight, it receives annual management fees. From my calculations, it shouldn't take too many more EPH acquisitions to actually tip the scale in QPWR favor so it will be operating at break-even or at a profit.
Add to this mix the recently announced exclusive marketing agreement with Agrarian Technologies and today's additional agreement with Senn Senn & Senn LLC, and we've just added another potential income stream to Q2Earth's future.
I might be dreaming here, but it seems to QPWR has a story that is potentially HUGE... think "Miracle Grow" HUGE... with the advantage that Q2Earth's efforts on essentially NON-CHEMICALLY BASED... plus each of their acquired composting companies will be a ready market and potentially positive proof that their soil enhancing technology and products do exactly what they say!
Yeah ... I'm not sure how long I will be holding this stock, but for now I'm fairly confident there's a lot of higher ground to be reached before I sell my shares.
In the mean time, the underlying value and bright future seems like a pretty compelling reason to continue adding to my current position. When public sentiment turns and people become convinced that QPWR is for real... and has a future... I think block sellers or potentially any sellers more and more difficult to find.
All this ... is just my opinion
NEWS TODAY: Q2Earth Signs Distribution Agreement with Manufacturer of Organic Plant Stimulants
https://finance.yahoo.com/news/q2earth-signs-distribution-agreement-manufacturer-123000261.html
Agreement Strengthens Q2Earth’s License with Agrarian Technologies
by Providing Direct Access to Underlying Materials and Formulations
Palm Beach, FL, June 18, 2019 (GLOBE NEWSWIRE) -- Q2Earth, Inc. (QPWR) (the “Company” or “Q2”) has signed a distribution agreement with Senn Senn & Senn LLC (“Senn”) the source manufacturer of the component materials for Agrarian Technologies’ proprietary ABS bio-stimulant, an organic, natural compound designed to enhance root formation, increase vascular strength and promote overall plant health through the entire growth cycle.
The Senn company manufactures the base product made from specially sourced humate from dedicated mines in Utah and seaweed extract from the North Sea. The formulation was scientifically developed by Dr. T.L. Senn, Head Professor Emeritus in the Department of Horticulture at Clemson University over several decades, and has proven to quicken uptake and maturity of seedlings, increase root growth, and strengthen plant’s resistance to drought and pest stress. This results in better plant performance with less water and chemical inputs.
Agrarian Technologies – as exclusively licensed to Q2Earth -- has enhanced the basic Senn formulation, which it calls ABS, and has also developed proprietary methods and processes to use ABS to increase the value of compost, soil and mulch products. The distribution agreement with Senn provides the Company with direct access to the base material manufacturing of the ABS product at most favored pricing, and further protects the Company’s exclusively licensed technology on a worldwide basis.
“We very much look forward to working with the Senn’s to build distribution channels worldwide for their core products, as enhanced and applied to compost, soil and mulch by Agrarian Technologies,” stated Kevin Bolin, the Company’s CEO. “This is a fantastic product developed over years by a true leader and visionary in the horticulture sector, Dr. Senn. We see great commercial potential for his discoveries and products moving forward.”
About Q2Earth: Q2Earth is executing its plan to consolidate and manage leading manufacturers of compost and engineered soils created from recycled waste for the agriculture, horticulture, construction and infrastructure sectors. Through a plan of investments, acquisitions, strategic alliances, and organic growth focused on creating and marketing quality beneficial reuse end products, Q2Earth seeks to build the preeminent compost and soil company in North America, with international growth opportunities.
Contact
Jeremy Roe, Managing Partner
Integra Consulting Group, LLC
Jeremy@integracg.net
925-262-8305
QPWR seems poised to climb. At this point I'm quite impressed.
Agreed. I think long term--as within two years--much more.
I think by any and all standards, this is an incredible step for American Resources Corp.
I'm just speculating, but I expect being added to the Russell Micricap Index will have the following effects.
1.) Greater brokerage coverage and hopefully (if they see what I see) BUY recommendations.
2) As a result there will be a growing institutional following.
3) With these two, a increasing stock price is probably a foregone conclusion.
4) With momentum like this there will likely be greater access to investment capital to find further expansion.
5) Of course this will bring the added consequence of greater revenue, EBITDA, and overall growth and success.
[[if other readers have additional expected benefits, I'd love to hear them.]]
GREAT NEWS OUT!!! American Resources Corporation Added to Membership of Russell Microcap(R) Index
FISHERS, IN / ACCESSWIRE / June 13, 2019 / American Resources Corporation (NASDAQ: AREC), a supplier to the rapidly growing global infrastructure marketplace, with a primary focus on the extraction, processing, transportation and selling of metallurgical coal to the steel industry, was added as a member of the Russell Microcap® Index, which will become effective after the US market closes on June 28, as part of the 2019 Russell indexes reconstitution.
Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
"We are honored to be joining the Russell Microcap® Index", stated Mark Jensen, Chief Executive Officer of American Resources Corporation. "This is a testament to the hard work of our team in building a company founded on bringing a modernized approach to the metallurgical coal mining industry. As this represents another milestone, we remain focused and determined to continuing our path of being the fastest growing, most efficient market participant in our industry and executing for our shareholders, customers, and employees alike".
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
https://finance.yahoo.com/news/american-resources-corporation-added-membership-123000631.html
You might be right... but you might be wrong. ;)
Time will tell how wise a plan that is.
"Exclusive Worldwide License with Agrarian Technologies for Organic Bio-Stimulants"
I'm quite certain the company with whom Q2E has established this "EXCLUSIVE WORLDWIDE LICENSE... AGRARIAN TECHNOLOGIES... is the same one as in this website:
https://agrariantech.com/
Agrarian Technologies Bio-Stimulate History and Description
https://docs.google.com/viewer?url=https://agrariantech.com/product/A-Brief-History.pdf
Agrarian Technologies is really the life's work of Taze Leonard Senn, and heirs.
Excerpt from article:
"Appropriately named Senn, Senn & Senn LLC, naturally with the “Original Senn” as President. After fine-tuning his products over the next 16 years, Tee turned over the company to his son and grandsons. He remains as President Emeritus and continues to provide his insight, wisdom and knowledge on the quest for improved plant health while still protecting the environment.
"This year, Senn, Senn & Senn has joined Agrarian Technologies LLC for the proprietary privileges of pursuing new and advanced horticultural practices to enhance optimum plant growth."
BUT HOW LONG TILL WE HAVE PRODUCT TO MARKET AND SELL???
Glad you asked. Check out this next sentence!!!
“Our license with Agrarian Technologies will not only support compost production and sales at our affiliated Jacksonville, FL and Austin, TX facilities, but will also provide Q2 with an independent business line."
AND
"We have already commenced marketing and sales of ABS both as a stand-alone product and as a soil and mulch enhancement,” continued Kevin Bolin, the Company’s CEO."
Next Post... about Agrarian Technologies!
BIG DEAL OR A NOTHING BURGER??? It looks to me like we're getting a HUGE POTENTIAL FOR REVENUE for very little!!!
Read the first line again!!!! PEOPLE ARE GONNA LOVE THIS!!
"Natural formula to be sold by Q2Earth can replace chemical fertilizers
and enhance value of soil and mulch products through proprietary processes"
OR THIS ONE!!!
"Q2Earth, Inc. (QPWR) (the “Company” or “Q2”) has signed an exclusive worldwide license agreement with Agrarian Technologies LLC and its affiliates (“Agrarian”) to sell Agrarian’s proprietary ABS bio-stimulant, an organic, natural compound designed to enhance root formation, increase vascular strength and promote overall plant health through the entire growth cycle."
ARE YOU KIDDING ME???? READ THE NEXT PARAGRAPH:
"The license agreement covers all ABS formulations, applications and improvements, including a unique and proprietary process to utilize ABS to boost the nutrient and commercial value of compost, engineered soils and wood mulch. The license also provides Q2 with the exclusive rights to market soil and mulch products under the Wild Earth® and Mulch Masters® federally registered trademarks. The agreement is 10-years with renewal terms, and provides Agrarian royalties based on the sale of the ABS formula including minimum annual guarantees."
AND WHAT?? IT'S ENVIRONMENTALLY SAFE, NON-TOXIC AND EFFECTIVE!!
"ABS is an environmentally safe, non-toxic bio-stimulant that can replace the use of synthetic chemical fertilizers in agricultural and landscaping applications, as well as enhance the efficacy and value of compost and wood mulch products. The formulation is derived from seaweed extract and humate which, in combination, supplies essential minerals, nutrients and organic acids needed to promote microbial activity around root systems, enhance uptake of micronutrients and strengthen the ecosystems that lead to healthy, better yielding plants. ABS, a product of over 50 years of university and private research, meets USDA standards for an organic system plan."
NEXT POST...
Thanks Wbo4, TODAY'S NEWS: Q2Earth Signs Exclusive Worldwide License with Agrarian Technologies for Organic Bio-Stimulants
Natural formula to be sold by Q2Earth can replace chemical fertilizers
and enhance value of soil and mulch products through proprietary processes
Palm Beach, FL, June 11, 2019 (GLOBE NEWSWIRE) -- Q2Earth, Inc. (QPWR) (the “Company” or “Q2”) has signed an exclusive worldwide license agreement with Agrarian Technologies LLC and its affiliates (“Agrarian”) to sell Agrarian’s proprietary ABS bio-stimulant, an organic, natural compound designed to enhance root formation, increase vascular strength and promote overall plant health through the entire growth cycle.
The license agreement covers all ABS formulations, applications and improvements, including a unique and proprietary process to utilize ABS to boost the nutrient and commercial value of compost, engineered soils and wood mulch. The license also provides Q2 with the exclusive rights to market soil and mulch products under the Wild Earth® and Mulch Masters® federally registered trademarks. The agreement is 10-years with renewal terms, and provides Agrarian royalties based on the sale of the ABS formula including minimum annual guarantees.
ABS is an environmentally safe, non-toxic bio-stimulant that can replace the use of synthetic chemical fertilizers in agricultural and landscaping applications, as well as enhance the efficacy and value of compost and wood mulch products. The formulation is derived from seaweed extract and humate which, in combination, supplies essential minerals, nutrients and organic acids needed to promote microbial activity around root systems, enhance uptake of micronutrients and strengthen the ecosystems that lead to healthy, better yielding plants. ABS, a product of over 50 years of university and private research, meets USDA standards for an organic system plan.
“We have seen firsthand the remarkable results than can be achieved with ABS from healthier plants and lawns to reduced chemical and water usage that is possible when rich organic matter is applied to the soil,” stated Kevin Bolin, the Company’s CEO. “We also see great potential in how ABS can improve the quality and consistency of compost, engineered soils and even mulch, creating unique consumer products in a commoditized market.”
“Our license with Agrarian Technologies will not only support compost production and sales at our affiliated Jacksonville, FL and Austin, TX facilities, but will also provide Q2 with an independent business line. We have already commenced marketing and sales of ABS both as a stand-alone product and as a soil and mulch enhancement,” continued Kevin Bolin, the Company’s CEO.
About Q2Earth: Q2Earth is executing its plan to consolidate and manage leading manufacturers of compost and engineered soils created from recycled waste for the agriculture, horticulture, construction and infrastructure sectors. Through a plan of investments, acquisitions, strategic alliances, and organic growth focused on creating and marketing quality beneficial reuse end products, Q2Earth seeks to build the preeminent compost and soil company in North America, with international growth opportunities.
Legal Notice Regarding Forward-Looking Statements: This news release contains "Forward-looking Statements". These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to our ability to fully commercialize our technology, risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new products and markets, the time and expense involved in such development activities, the ability to secure additional financing, the ability to consummate acquisitions and ultimately integrate them, the level of demand and market acceptance of our products, and changes in our business strategies. This is not an offering of securities and securities may not be offered or sold absent registration or an applicable exemption from the registration requirements
Contact
Jeremy Roe, Managing Partner
Integra Consulting Group, LLC
Jeremy@integracg.net
925-262-8305
FINANCIAL HIGHLIGHTS from the 2019 LETTER TO SHAREHOLDERS
This isn't everything that's being produced... but here are the highlights!!
(1) Ramping up Production a Carnegie Mine #1
"We expect this plan to be complete later this fall, and to yield a production range of approximately 32,000 to 42,000 clean tons per month, and generating additional annual revenue run rate of approximately $36 million to $47 million."
(2) Upgrading of Mine #15 at the McCoy Elkhorn Coal Complex
"We expect this to take place later this summer. Once fully implemented, Mine #15 is expected to produce 36,000 to 44,000 clean tons per month with an annual run rate revenue at such time of $40 million to $50 million."
(3) Looking just a little bit further ahead moves us from incredible to ASTOUNDING! The newly acquired mine in West Virginia the Wyoming County Mine with almost match our production.
"Initial production will target the mid-volatile metallurgical coal found within the Gilbert and Eagle coal seams. Our goal is to build out the WCC complex to produce over 1.5 million tons of annual production* once fully developed, with the ability to potentially expand with further opportunities in the region."
*1.5 million tons annualize run rate of approximately $170 Million, or additional monthly revenue of $14 Million.
These numbers will translate to revenue and EBITDA in remarkable levels. By the end of 2019 we will be at an annual revenue run rate of more than $100,000,000!!!
Assuming things go as planned, by the end of 2020 that number could quite possibly be doubled. Crazy.
And What are the HIGHLIGHTS of this LETTER TO SHAREHOLDERS?
Well, information is golden. Investors like to know what happening and what going to be happening. :)
The LETTER states that there are currently two mine complexes at various stages of production and development: McCoy Elkhorn and Deane Mining. On tap for Q4 or possibly Q1 2020 is the development of another complex, the Wyoming County Coal mine complex in West Virginia.
The Company has and intends to continue investing in its future. There are several kinds of good news shared with us as investors and potential investors.
General Statements about the Future:
"Throughout this process, we continue to scale our unique platform and remain fully committed to our business model in being the fastest growing, safest, and most efficient coal mining company in our industry."
"As our company continues to grow and evolve, our commitment to this strategy has built a strong foundation from which we can continue to grow and deliver strong shareholder returns."
Unless I'm mistaken, this next quotation is worth about a $3 Billion Dollars to the value and revenue of the Company (numbers and parentheses added).
"Over the past year, American Resources has been broadening and fortifying its foundation of assets from which it can continue growing and provide shareholders with one of most unique and efficient platforms within our industry."
(1) "Most notably, we acquired our fourth coal processing hub, and our first mining complex in the state of West Virginia called Wyoming County Coal.
(2) We also acquired in excess of approximately 27 million ton deposit of high-quality, metallurgical coal in eastern Kentucky.
(3) "Lastly, we up-listed our publicly traded equity to the Nasdaq Capital Market. With the completion of these three events, we feel our company is in the best position it has been to-date to deliver a strong and longstanding path of growth and positive returns to our shareholders."
NEWS TODAY 6-11-2019!! "2019 LETTER TO SHAREHOLDERS"
http://irdirect.net/prviewer/release/id/3861117
NOTE: Bold designations added by me, RandyKCMO
FISHERS, IN / ACCESSWIRE / June 11, 2019 / American Resources Corporation (NASDAQ: AREC)
Dear Shareholders:
I am pleased to provide the second annual shareholder letter reviewing our developments and progress over the past year as well as our plans and expectations for the upcoming year. American Resources continues to focus on increasing its coal production in the Central Appalachian Basin, and more specifically increasing its production of coking/ metallurgical coal, an essential ingredient for steel production, to meet the growing demand of the global infrastructure marketplace. American Resources continues to execute on its growth plan through a combination of expanding its currently producing coal mines, bringing its existing idled, permitted mines back into production, and strategically acquiring additional permits and operations. Throughout this process, we continue to scale our unique platform and remain fully committed to our business model in being the fastest growing, safest, and most efficient coal mining company in our industry.
As a general reminder of our corporate strategy, when the management team founded the company in early 2015, we set out to pull from our combined expertise in restructuring inefficient businesses and our prior first-hand experiences in managing coal mining operations over the last decade. Our mission was to opportunistically identify (1) good operations that could be acquired in an accretive manner that have sizable organic growth opportunities, (2) mismanaged operations where we can use our collective experience to "right-size" the operations, and (3) operations that can be completely restructured, resulting in expanding margins and quickly made into a productive asset. From this systematic restructuring process, our operations emerge stronger and able to withstand coal supply and demand cycles. As our company continues to grow and evolve, our commitment to this strategy has built a strong foundation from which we can continue to grow and deliver strong shareholder returns.
Over the past year, American Resources has been broadening and fortifying its foundation of assets from which it can continue growing and provide shareholders with one of most unique and efficient platforms within our industry. Most notably, we acquired our fourth coal processing hub, and our first mining complex in the state of West Virginia called Wyoming County Coal. We also acquired in excess of approximately 27 million ton deposit of high-quality, metallurgical coal in eastern Kentucky. Lastly, we up-listed our publicly traded equity to the Nasdaq Capital Market. With the completion of these three events, we feel our company is in the best position it has been to-date to deliver a strong and longstanding path of growth and positive returns to our shareholders.
With the inclusion of these two recent acquisitions to complement our platform of assets, our recent focus has been to (1) grow our metallurgical coal or coking coal platform to serve the rapidly growing global infrastructure marketplace, while (2) providing our shareholders with the benefits of having our stock listed on a world-renowned exchange and trusted market leader, such as Nasdaq.
Our access to quality metallurgical coal is abundant, and the growth of our metallurgical coal production is our main focus throughout this phase of our growth. The carbon element in metallurgical coal or coking coal is an essential ingredient to produce steel. Metallurgical coal contains certain characteristics, such as fluidity and volatility parameters, not typically found in all coals, and for that reason, metallurgical coal sells at a premium to thermal coal (which is used in electricity generation). We see the demand for metallurgical coal to produce steel as strong and sustainable. The global appetite to improve and expand the world's current infrastructure, as well as emerging nations' desire to industrialize, modernize, and improve their standard of living should provide a longstanding, tenable market. Most importantly, the metallurgical coal produced in the United States creates a quality of steel that keeps the citizens of this country, and the world, safe by building long term sustainable bridges, tunnels, roadways, buildings, vehicles, and many other everyday uses.
As our business grows, company-wide, we anticipate metallurgical coal to be a majority of our coal production, and targeted EBITDA margin for all our operations to be in the range of 24%-36%.
With that in mind, I will summarize what our company has accomplished over the past year:
In October of 2018, we acquired our fourth operating hub and our first mining complex in the coal-rich state of West Virginia. Named Wyoming County Coal (WCC), this complex broadens our operational footprint as well as provides us immediate ownership and access to premium mid-volatile metallurgical coal. In addition to the coal, WCC has all of the necessary coal processing and transportation infrastructure to strategically fit into our low-cost, hub and spoke operating structure, and it will also provide us the opportunity to expand the geological coal deposits around the complex in the future.
In January of 2019, we entered into a long-term metallurgical coal sale agreement with one of our existing customers. Under the agreement, we were able to lock in metallurgical coal sales for a two-year term beginning in March of 2019 at a fixed price for the first year. The sales price will be market adjusted with certain price collars for the term of the second year. Entering into such an agreement allows us to have our coal broadly distributed to a diverse end-user base and enables us to execute on our growth objectives with a certain level of visibility. Related to the coal sales agreement, this customer also provided advances against future coal sales to accelerate production expansion at our Mine #15 and Carnegie 1 mines.
In February of 2019, we acquired over 3,000 mineral and surface acres of high-vol A and high-vol B coking coal located in eastern Kentucky's Pike County, and strategically situated about 20 miles east of our McCoy Elkhorn Coal Complex (MEC). The addition of this coal base gives us the ability to expand our volumes, sales and margins while enhancing our coal blending capabilities at MEC to further serve the steel producers and infrastructure markets.
Also in February of 2019, we up-listed American Resources Corporation from trading on the OTC Pink Sheets to the Nasdaq Capital Market (under the ticker AREC). Achieving a Nasdaq listing was a significant milestone for us. Having our company listed on a prominent, globally recognized marketplace, such as Nasdaq, will ultimately enhance our liquidity and visibility while increasing our profile with our current and future investors.
In addition to these significant achievements, we also made several operational accomplishments to further enhance the efficiencies of our currently producing mines.
These improvements are:
After last year's initial development production at our Carnegie 1 mine, which confirmed the appropriate mining style and equipment, we idled the production during the fourth quarter of 2018 to set the mine up to significantly expand the mine for long-term, stable production. Upon restructuring the mine plan and infrastructure to support expanded output, we restarted production at Carnegie 1 this May and are in the process of ramping production under our previously announced, three-phase plan. We expect this plan to be complete later this fall, and to yield a production range of approximately 32,000 to 42,000 clean tons per month, and generating additional annual revenue run rate of approximately $36 million to $47 million.
In March of 2019, we announced the investment of additional equipment and infrastructure to increase the output, productivity and economics of our Access Energy mine at our Deane Mining complex. The plan to convert the Access Energy mine from operating a single section, utilizing one continuous miner, to operating a walking super section, which utilizes two continuous miners, has been slightly delayed due to the need to complete the mining of the current panel in the Elkhorn 3 coal seam where we are mining. Upon completion, we will begin mining a new panel under the new and expanded mine plan. Concurrently, we are in the process of converting our production from our Access Energy mine from being sold on the thermal market to being sold on the pulverized coal injection (PCI) market due to the better properties of the coal. This shift in coal sales should allow us to realize a greater sales price and profit margin.
In April of 2019, we purchased another continuous miner and delivered it to our Mine #15 at MEC to further expand the production of metallurgical coal. This is the third operating continuous miner being utilized at Mine #15, and we are currently rebuilding another continuous miner which will be the fourth to be utilized at the mine. With the addition of the third continuous miner, we will be converting one of our single sections to a super section which will incrementally increase production by approximately 12,000 salable tons per month once fully implemented and streamlined over the next several weeks. Once the rebuild of the fourth continuous miner is complete, we will implement the same strategy of converting our other section at Mine #15 to a full super section. We expect this to take place later this summer. Once fully implemented, Mine #15 is expected to produce 36,000 to 44,000 clean tons per month with an annual run rate revenue at such time of $40 million to $50 million.
With the ownership of a substantial number of other idled, permitted coal mines (34) throughout our four operating subsidiaries (McCoy Elkhorn Coal, Deane Mining, Knott County Coal, and Wyoming County Coal), we have significant continued organic expansion ability. We believe we are in the very early stages of our growth given the collection of assets and platform we have built since forming Quest Energy Inc. in 2015 and American Resources in 2017.
Over this phase of our growth, we look to capitalize on this in several meaningful ways:
Production Expansion Methodology: The Company has put an emphasis of cost and quality on targeting opportunities for expansion. Our initial base load production from our currently producing mines have been established at our McCoy Elkhorn and Deane Mining complexes and now our focus has turned to (1) expanding that production base, and (2) focusing on coal qualities that will further improve the quality of our production and potential for higher margin contracts with customers.
From a coal quality basis, we have already been able to showcase this process with our Carnegie 1 mine coming online and blended with our production at Mine #15. The next five mines we have slated for development (or are in development) emphasize this point based on the coal quality analysis we have seen from existing production at the mines or extensive core drillings that have been completed at the properties. We believe this focus on quality will enable us to continually capture a larger market share in our industry along with being one of the few growing players in the sector, offering stability and reliability with our customer base.
Currently Producing Mining Complex Overview:
McCoy Elkhorn Coal: Over the next year, we anticipate continuing expansion of both Mine #15 and Carnegie 1 mine. We continue to perform face-up work on our second underground mine in the Lower Alma coal seam called Carnegie 2 and anticipate production to start sometime this summer or early fall. At that point, we anticipate starting the face-up work on our third permitted underground mine in the Lower Alma seam called Carnegie 3. Carnegie 1, 2, and 3 all access the same large boundary of Lower Alma coal, which is high-quality High-Vol "B" metallurgical coal. Furthermore, we anticipate our PointRock surface mine, that was acquired in early 2018, to be in production later this year. Finally, as part of our work over the next twelve months, we anticipate working on permitting an underground mine in the Upper Alma coal seam, which demonstrate High-Vol "A/B" metallurgical coal characteristics similar to our existing mines at this complex, as well as evaluating the mine plans for our permitted Upper Alma mines adjacent to the Carnegie mines.
Deane Mining: We continue making strides to increase our production at all of our properties that feed the Deane Mining complex. We have acquired additional equipment for the Access Energy mine that should start to increase production at the mine substantially over the next several months. We are currently in the engineering phase of development on our Access North permit, Love Branch, and Classic mines. Located in the Elkhorn 2 and 3 coal seams, we anticipate the coal quality on a blended basis to be of a higher quality on a PCI and metallurgical basis to our existing Access Energy underground mine on a stand-alone basis. Most notably the Access North mine is a large boundary of high-quality coal with preliminarily metallurgical High-Vol "B" characteristics, which we continue to test to verify those results. We are also evaluating the potential to access a large boundary of premium Lower Elkhorn coal through the same permit.
Next Complex Expansion:
Wyoming County Coal: The addition of Wyoming County Coal to our portfolio of assets as our third operating hub to go into production and first complex in the state of West Virginia fits strategically into our low-cost, hub and spoke operating structure as well as expanding our metallurgical coal platform of premium-quality, mid-volatile coal provided to the steel and infrastructure market. The Company anticipates funding this development and expansion out of financing and cash flow from operations starting at the end of this year or early 2020. Initial production will target the mid-volatile metallurgical coal found within the Gilbert and Eagle coal seams. Our goal is to build out the WCC complex to produce over 1.5 million tons of annual production once fully developed, with the ability to potentially expand with further opportunities in the region.
In 2018, the company generated $31.2 million in revenue from its mining and processing operations. This was a 50% increase in year-over-year revenue growth as we began to increase the active mines that feed our two operating hubs (McCoy Elkhorn Coal and Deane Mining). As you can see throughout this letter, over the past several months we have continued to invest considerable resources to expand our asset base and operational footprint, as well as in additional equipment and infrastructure to improve the efficiency and profitability of our current operating assets. We feel our company resides on a stronger foundation today than any other time in the past and is in a position to continue to deliver attractive growth returns for years to come. During the first quarter of 2019 the company generated total revenue of $6.99 million. This was a 4.5% decline from the first quarter of 2018 as a result of slower production due to our various equipment purchases and mine development initiatives for future growth as cited earlier in this letter. Over the next three quarters, we are confident that the efforts and capital spent will showcase strong growth from our current operations given our emphasis on accretive growth. We are optimistic on where we are positioned, which we believe could lead to significant opportunities for future expansion in the near future, while also building a long term sustainable operation.
Industry Demand:
Metallurgical coal demand worldwide is projected to remain robust due to new global infrastructure projects (including the domestic market given state-based infrastructure budgets) over the next 5 years. Industry consultants are forecasting demand to rise by over 30 million tons on the export market with India being a major driver of such growth, while at the same point due to lack of capital being deployed for growth the supply is forecasted to decline by 1.5% year over year for the next five years. Additionally, we have seen more activity and demand coming from the major North American metallurgical coal purchasers. Overall, we're very optimistic that despite the market volatility due to tariffs, etc. we are positioned in the market as one of the few growing suppliers of US metallurgical coal.
With respect to potential future acquisitions our primary focus is on organic growth from our existing operations yet we still evaluate opportunities that fit our operating philosophy and infrastructure focus.
Public Market:
From a communications standpoint, we are excited to begin quarterly earnings conference calls with the public beginning with our second quarter results this year. We will continue to press release our achievements, milestones, and important updates and will continue to 8K our material events. We are beginning to see more interest from various news mediums including magazines, industry reports and periodicals, radio, blogs, and TV. We were recently interviewed on FOX Business News, and we anticipate further interest surrounding the global infrastructure environment here in the US and throughout other markets worldwide. We are also in the process of interviewing a number of top tier investor relations firms that can help broaden our market awareness of our Company's achievements.
To sign up for our new announcements please add your contact information to our mailing list through the contact us form on our website - http://americanresourcescorp.com/investor-relations.
Given our strategy of building, acquiring and increasing the efficiency of operations, we have overcome many hurdles and challenges that come with operating a rapidly growing metallurgical coal operation. As with any business, we expect to face additional hurdles in the future and believe it's how we continually react and adjust that separates us as a company and advances our business forward. We are incredibly excited about our progress as a company to-date and the potential growth we have going forward. While we have grown rapidly in an industry that has seen relatively little investment for expansion, we remain focused on our core values as a company and have well-placed confidence that we are executing to become one of the preeminent players in the Central Appalachia coal market.
Lastly, and most importantly, we wish to thank all of our hard-working, dedicated men and women that help to make our company better each and every day. We fully appreciate that coal mining is not an easy job and without everyone's commitment to our team and adherence to our company culture, there would be no doubt we would not have the opportunities available to us today. We look forward to growing our team as we expand our operations and producing more metallurgical coal that can be used to create safe and sustainable bridges, roads, tunnels, building and infrastructure domestically and worldwide for our current and future generations.
We look forward to keeping our shareholders updated with our future progress.
Sincerely,
Mark Jensen
Chief Executive Officer
I believe financing is our most immediate need. Once financing is announced, the ball will really get rolling!
Seems to me this stock is becoming ripe for a short squeeze.
Just think about it... before the S-1 supplementary IPO at $4.00, this stock was trading above $10.00.
That means that no one has shares with a cost under $4.00 per share.
I wouldn't be surprised to hear that the price decline this morning is the result of an bear raid... but who knows?
If it is they will need to be repurchased at some point.
AREC has a bright future. They are making decisions that will grow the company in the short-term and long-term.
I have no idea how long we'll trade at these levels before trading up... but I'm fairly confident... and have bought shares down here myself... we will trade much higher in the not too distant future.
Got some more?
One more time????
Feed me!
Well, interest and volume sure seem to have dropped off.
Exactly...
I've not run the numbers lately... but earlier, based on the public projections, they're looking at gross revenue in the $100-200 Million range for 2019.
By the end of 2019, they will be reaching a monthly run rate of over $20 Million per... which means that by the end of 2020 their revenues will be in the $240-300 Million range.
Indeed... and each option is at above market prices.
A Couple news-worthy events!! Actually a few:
1. S-3 Shelf financing had been declared effective.
2. 11% Senior Debentures offered
3. Another step toward profitability... Updating Coal Processing Plant
https://finance.yahoo.com/news/american-resources-corporation-upgrades-deane-123000062.html
It's pretty clear AREC is utilizing investment capital to create long term profitability.
The more that is put in, the more will come out!!
As I've said before, I thinking we're witnessing the creation is a world-class company.
I can't imagine a company that is more directly investing in the future is America than AREC. I think their tagline is going to resonate with big money investors.
"A leading supplier of raw materials to the growing infrastructure market."
I think their long-term success is becoming obvious. If others agree, it will just be a matter how best to profit from their long term success!!