Company: RNGE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023395
Chunk: 135

Company: RANGE IMPACT, INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 135
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 suitable acquisition opportunities or to form relationships with coal mining operators or other landowners
    necessary to form strategic partnerships.

A
significant or extended decline in the royalties we receive from those mining companies mining on our land under our mining permits could
adversely affect our operating results and cash flows.

Our
financial results are significantly affected by the royalties we receive for the coal mined on our property. Extended or substantial
price declines for coal would adversely affect our operating results for future periods and our ability to generate cash flows necessary
to pay for the required reclamation activities or expand operations on our owned mine sites. Prices of coal may fluctuate due to factors
beyond our control such as overall domestic and global economic conditions; geopolitical risks, the consumption pattern of industrial
consumers, electricity generators and residential users; technological advances affecting energy consumption; domestic and foreign government
regulations; price and availability of alternative fuels; price of foreign imports and weather conditions. Any adverse change in these
factors could result in weaker demand and possibly lower prices for the coal mined pursuant to our permits which would reduce our revenues
from coal royalties.

Concentration
on specific projects and regions may expose us to heightened financial exposure.

The
success of our business may be heavily dependent on one or a limited number of reclamation and redevelopment projects. The financial
performance of those projects depends on our ability to perform our reclamation and repurposing services, and secure long-term redevelopment
partners. Our financial results could be materially and adversely affected if any of our reclamation and redevelopment projects fail.
We cannot be assured that such performance failures will not occur, or that if they do occur, such failures will not adversely affect
the cash flows or profitability of our businesses. Moreover, there can be no assurance that we will be able to identify, underwrite and
acquire additional mine sites to reclaim and redevelop on favorable terms or at all.

Our
financial results depend on successful project execution and may be adversely affected by cost overruns, failure to meet customer schedules
or other execution issues.

A
portion of our revenue is derived from projects that are technically complex and that may last over many months. These projects are subject
to a number of significant risks, including project delays, cost overruns, changes in scope, unanticipated site conditions, design and
engineering issues, incorrect cost assumptions, increases in the cost of materials and labor, safety hazards, third party performance
issues, weather issues and changes in laws or permitting requirements. If we are unable to manage