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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. 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. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. 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 focuses on selling single-family detached and attached homes.


NYSE:AXR - Post by User

Comment by oldethanwiseron Apr 03, 2020 10:52am
220 Views
Post# 30875741

RE:RE:Here my take on the timeline:

RE:RE:Here my take on the timeline: I also have been in/out for years. I also read the transcript. I also contacted the Yukon Water Board and confirmed that a technical pre-release draft of the license is being completed post-haste and will be released to the public. Hence, the pre-release is next and soon.

AXU asked that production be allowed prior to issuing the license. They were denied but assured in the YWB reply that they are working on it as fast as they can. We are talking weeks here, not months.
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