American Resources Corp (AREC)

[RandyKCMO]

I'm just sitting here wondering...

Why would AREC purchase two additional "Continuous Miners?"

Why? Because they intend to use them to activate and access additional metallurgical Coal!

And that mean additional Revenue and Profits!!

Why? Because AREC has positioned itself to be "a nimble, low-cost business model centered on growth" whose "streamlined and efficient operations are able to maximize margins while reducing costs."

2020 and especially 2021 and beyond are looking like stellar years for AREC. Press Release mentioned that AREC expects that at just the Perry County Resources location they will ramp up production to 1 million tons of premium PCI coal which should sell for well over $100 per ton. Annualized that's $100 million in revenue (from just this location). Let's say that that results at net income of $10 or $15 Million. With just 28 million shares that eps of 34 cents to 54 cents per share. Multiply those numbers by 10-20 and you'll see how how much potential there is in AREC's shares.

Who knows for sure, but it looks to me like the sky is the limit for AREC's future.