American Resources Corp (AREC)

[RandyKCMO]

Liked this release. In the end revenue is going to grow and sustain the stock price.

The following sentence gives a partial picture of the revenue we can expect in future months.

“In total, the Company expects to produce over 40,000 tons of carbon per month from its Carnegie complex which will be processed at its nearby McCoy Elkhorn facility and shipped into both the domestic and international markets.”

I’m not exactly sure how much revenue this is, but I’m thinking it has to be $4-5 Million a month. One other Metelurgical coal company I follow is Ramaco ticker symbol METC… and it’s trading at at 52 week highs. in the $14-$15 range.

If AREC is the lowest over head producer, it seems to me that eventually, we should be trading at a premium to METC.

We shall see.