American Resources Corp (AREC)

[RandyKCMO]

What I Think all means??

Love this paragraph….

“Our extensive asset base, reserves and permits put us in a unique position to capitalize in these incredibly strong markets and provide supply growth to our customer base. We feel our preliminary results for the second quarter of this year showcase the beginning of a significant infliction point for our carbon business at a time that we continue to drive significant innovation in the critical and rare earth element space. We will continue to evaluate opportunities for expansion and optimization to expand cash flow and drive value for the shareholders."”

The trajectory of these numbers are exciting.

American Resources expects its preliminary second quarter 2022 revenue to be $16.196 million as compared with $9.08 million in the first quarter 2022 and $393,210 in the second quarter 2021, representing 78% quarter-over-quarter growth and over 4000% year-over-year growth, respectively.

I’ve been following AREC for a number of years and expecting at some the company would reach the point where it transitions from a developmental company to positive cash flow and profitable company.

It seems to that that day obviously on the horizon.