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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

Post by mattbighamon Mar 01, 2022 1:30pm
186 Views
Post# 34471859

@ $25.50 oz Ag it is a good time to announce full production

@ $25.50 oz Ag it is a good time to announce full production
$11.75 US AISC per oz.silver

That's $62 M USD's gross profit on silver production,alone.
$47 M USD's after SLW take their cut.
Then there is the base metals profits.

Should be about $18 million CAD profit per quarter at these levels given full production.
Every day now there are huge fisal incentives to get up to and announce full production status.

With those profit margins  we should see the acquisition(s) the company has long talked about.

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