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It seems clear that AREC's capital resources are

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RandyKCMO Member Level  Friday, 04/05/19 09:25:35 AM
Re: StockHighAlert- post# 128
Post # of 182 
It seems clear that AREC's capital resources are being deployed in a highly efficient and productive manner.

This morning's release demonstrates the company's commitment to growing itself into a cost-effective and profitable company.

But refurbishing and deploying these multiple "continuous miners," the company is spending their raised capital in ways that will multiple revenue for months and years to come.

Think about the implications of the numbers released on this morning announcement.

"By mid-summer, with four operating miners on two super sections, 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."

When accomplished, this one mine will produce more revenue in the next year than all their money did in 2018.

As these mines are upgraded and brought online, we should be able to piece together the expected run rate and thus annual revenue of all their mine.

As I've posted before, I think we're witnessing the creation of a monster.

Watch for opportunities with those you trust.
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