Send PM
Followers 40
Posts 3585
Boards Moderated 5
Alias Born 09/20/2007

Re: RandyKCMO post# 564

Wednesday, 08/10/2022 9:24:31 AM

Wednesday, August 10, 2022 9:24:31 AM

Post# of 580
I’m not sure this is the best way to say it, but yesterday’s release acknowledges the use of funds entering AREC’s cashflow without using EBIDA generated funds.

AS I see it this should substantially grow AREC’s revinue growth and bottom line.

Read these opening paragraphs again!

“Use of proceeds will fund the expansion and technological improvements to the existing WCC processing facility as well as the new construction of the rare earth and critical element processing

“Creation of domestically sourced rare earth and critical elements for the electrification economy will meet the stated goals of current U.S. administration”

The numbers mentioned later in the press release are almost scary good:

“The Company's focus will initially be to bring the two new underground mines into production via a "walking super section" mine plan which will produce an estimated 55,000 tons of carbon per month, with further expansion potential as the mines are developed. American Resources will also look to upgrade and expand WCC's carbon processing plant's capacity, from its current 350 tons per hour rate, to approximately 700 ton per hour, while also incorporating the Company's innovative "capture" and "process" technology which will enable the facility to capture and process critical and rare earth elements from new carbon production and carbon-based waste sources to produce rare earth and critical element concentrates. The REE and CE concentrates produced will be transported to the Company's Indiana facility for further purification and isolation.

Let’s see 55k times approximately $200 a ton… would be $11 Million generated monthly income from just this mine complex.

When upgraded it will generate twice that amount… which comes out to an annual run rate of over $260 Million… again from just this mine complex.

AREC’s future seems to be getting pretty real!!

Watch for opportunities with those you trust.

Day Range:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
Recent AREC News

Acquisition Completed: Endexx (EDXC)'s HYLA Secures 200k+ Unit Order; 4,500 Puffs per Unit AVXL Sep 27, 2022 9:33 AM

Integrated Ventures is set to report 254% annual revenue growth, fueled by expansion of crypto mining operations INTV Sep 27, 2022 9:22 AM

SNAKES & LATTES INC. (OTC: FUNN) is Pleased to Report an Almost 200% Increase in Year Over Year FY22 Revenue at $6,064,896, up From $2,027,988 for FY21, With Gross Profits up From $1,369,514 to $4,223,022 FUNN Sep 27, 2022 8:14 AM

ILUS Confirms Its First Investment Project in Serbia ILUS Sep 26, 2022 12:23 PM

Thunder Energies Engages Geological Experts For Gold and Minerals Assessment TNRG Sep 26, 2022 9:56 AM


HealthLynked Announces Upgrades to its MedOfficeDirect Ecommerce Site for Discount Medical Supplies HLYK Sep 23, 2022 8:00 AM

ResGreeen Uses Open-Source Robot Operating System (ROS) to Enhance Integration and Simulation for LilBuddy AMR RGGI Sep 22, 2022 1:58 PM

Branded Legacy, Inc. Partners With Apple Rush Company, Inc. BLEG Sep 22, 2022 12:31 PM

Good Gaming Inc. Sells Out Its Water Bear PFP Mint In Only 45 Minutes With The Premiere of The Genesis Collections GMER Sep 22, 2022 9:15 AM

TRU Opens Up New Copper-Gold-Silver Discovery at Golden Rose TRUIF Sep 22, 2022 9:04 AM

PSYC's Spotlight Media Corp to Host MJBizCon Kickoff Party at Brooklyn Bowl Las Vegas PSYC Sep 22, 2022 8:30 AM

SFLMaven: New NFT Metaverse Jewelry Pieces to Be Released in Q3 2022 SFLM Sep 22, 2022 6:30 AM

Ludwig Files A Patent That Could Be a Major Technology Breakthrough in Healthcare LUDG Sep 22, 2022 12:00 AM

New Break Discusses Fresh Collaborative Approach to Exploring the Moray Property NBRK Sep 21, 2022 12:14 PM