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Re: RandyKCMO post# 265

Tuesday, 06/02/2020 5:22:57 PM

Tuesday, June 02, 2020 5:22:57 PM

Post# of 633
It's clear that AREC has some pretty big plans...

1. They estimate the asset value of their mines to be upwards of $375 Million.

2. They also mention in passing that they think their revenues are scalable and able to grow to Billions in the next 5 to 10 years.

If that's right... I think that reflects a Book Value value of $13.00 per share... and a potential Enterprise Value of far more.

Mostly, just my opinion.

Watch for opportunities with those you trust.

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