American Resources Corporation (NASDAQ:AREC) Q4 2023 Earnings Call Transcript

Mark Jensen : Kyle, I appreciate it. We speak from the heart, we speak from where we’re at, we speak from the passion that our team shares. And honestly, where we want to see these divisions go, I mean, I built the coal business from the ground up with my team, super passionate about it. I’m not going to give it away for what it’s not worth. I’m going to fight for it. Challenging industry it is, but we have great assets. The ReElement division, I’ve never seen an opportunity like I’ve seen in ReElement today. It doesn’t — I never thought I’d be in a position to be having a team as passionate as we have, but an opportunity as broad as we have. Refining clinical minerals in a state when our country needs it. Our country needs it for commercial enterprise, our country needs it for defense.

So I didn’t read remarks today. I kind of went off a cusp because yes, we’re passionate, and we’re super excited about where we’re at. May not be the revenue numbers that people want, and we recognize that, but it’s about positioning. It’s about being in a position where we can capitalize and take advantage of market opportunities as they exist and survive and thrive, and that’s what we do.

Kyle Gallagher: Awesome and thank you.

Operator: And there are no further questions at this time. So I’ll hand the floor back to management for closing remarks.

Mark Jensen : Yes, one, I want to say thank you all for joining. As always, I’m a little bit long-winded, but genuinely care about where we’re at as a business, care about our team, care about our shareholders, our stakeholders. I thank you all for the time you’ve given us today, thank you for taking an interest in our company. I’m super excited about where we go from here about see a couple of more earnings calls that we’ll have — you’ll hear some different voices as we separate these companies. But thankful for the position we’re in and excited about the future.

Operator: Thank you. And that concludes today’s call. All parties may disconnect. Have a great day. Thanks.