Ramaco Resources (FRA:5R0) Reserves - Probable (K) : 0.00 (As of . 20)

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What is Ramaco Resources Reserves - Probable (K)?

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

The historical rank and industry rank for Ramaco Resources's Reserves - Probable (K) or its related term are showing as below:

FRA:5R0's Reserves - Probable (K) is not ranked ^*
in the Steel industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

Ramaco Resources Reserves - Probable (K) Historical Data

The historical data trend for Ramaco Resources's Reserves - Probable (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ramaco Resources Reserves - Probable (K) Chart

Ramaco Resources (FRA:5R0) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.

Ramaco Resources Reserves - Probable (K) Related Terms

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Ramaco Resources (FRA:5R0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ramaco Resources Inc (FRA:5R0) » Definitions » Reserves - Probable (K)

Comparable Companies

Traded in Other Exchanges

METCB:USA METC:USA

Address

250 West Main Street, Suite 1900, Lexington, KY, USA, 40507

Website

https://www.ramacoresources.com

Ramaco Resources Inc is a United States-based company engaged in operating and developing high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its only revenue-generating product is metallurgical coal which is used to make metallurgical coke. This is used as an input in the blast furnace steel-making process. The company's customer base encompasses U.S.-based blast furnace steel mills and U.S.-based coke plants, as well as international metallurgical coal consumers. Ramaco's portfolio comprises of the Elk Creek, Berwind, RAM Mine, and Knox Creek projects.

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