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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation is a holding company, which conducts business through its subsidiaries. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers, and others. The Company owns approximately 17,000 acres in Sandoval County, New Mexico. The Company develops both residential lots and sites for commercial and industrial use as demand warrants. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company is focused on selling single-family detached and attached homes. The Company commenced operations in New Mexico of its internal homebuilder, Amreston Homes. The Company utilizes internal and external sales brokers for home sales.


NYSE:AXR - Post by User

Comment by mattbighamon Jun 15, 2021 3:53pm
138 Views
Post# 33390010

RE:RE:RE:RE:RE:Typical

RE:RE:RE:RE:RE:Typical
The Yukon govt ran a budget surplus in 2020.
Full employment in the Yukon.
Miners are paid well with cash and incentives to go work there.

The Yukon's very strict Covid policies are hampering mining companies efforts to attract experienced workers and keeping them in the Yukon.

"The rampup is going to be a little slower because of COVID restrictions imposed upon us.
That metal will be a commissioning type of a process well into the second quarter.
We're running maybe two or three months behind our original plan but there are issues beyond our control.
We are quite proud of our employees and worforce operating under VERY STRICT protocols to live and work.
Employees continue to do a great job given the circumstances.

"Commissioning phase we are working two weeks on and two weeks off and that is a workforce related issue more than anything else. " Clynt Nauman Jan. 30,2021

"120-130 people working + 20-30 contractors.
Full employment within the Yukon slowing down the entire process as we move along."
Clynt Nauman March 04,2021


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