Replies to post #1424 on American Resource Technologies (fka ARUR)

[swimmer1]

Production/Revenues/Market Value

With the 10% stock dividend by year-end, we can estimate that there will be (rounded) approximately 8 million shares outstanding. With estimated production of 280 barrels per month X $90 per barrel, ARUR's annual revenues would be over $300,000.

We do not know all expenses, however ARUR's numbers from production (double 140 barrels = approx. 280) are estimated at a minimum.

If Net Revenues are $300,000 and total outstanding shares (8M), earnings would approximate $.04.

IMO - this stock is very undervalued