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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

Post by mattbighamon Jan 20, 2022 6:24pm
299 Views
Post# 34340041

Recieved a reply from the company

Recieved a reply from the company
They were good enough to point out that the 400tpd deadline was renegotiated and detailed in the Q3 financials,four months ago.
 Clynt has continuously and repeatedly stated that Covid restrictions placed upon them by the Yukon Govt. has effected their timeline.

January 18,2022

The recent surge in Covid cases from the Omicron variant across Canada may have an impact on operations at Keno Hill in early Q1 2022 as we anticipate a reduction in mine and mill operations crews and on-site staffing due to isolation and travel protocols. Our primary focus remains the health and safety of our employees and contractors as we continue to adhere to our strict site protocols including enhanced hygiene, screening, on site testing, and isolation and travel requirements provided by medical experts and applicable provincial and territorial health orders.
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