13 Dec 2016director interest notice● Neutral
General Moly, Inc Chief Legal Officer R Scott Roswell exercised stock options for 8,961 shares and disposed of 11,176 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Nov 2016quarterly activities report▼ Bad
General Moly, Inc reported a quarterly net loss of $2.1 million for the period ended 2016-09-30.
14 Oct 2016director interest notice● Neutral
General Moly, Inc Chief Executive Officer Bruce D Hansen bought 40,000 shares on the open market at $0.26.
13 Oct 2016director interest notice● Neutral
General Moly, Inc Chief Executive Officer Bruce D Hansen bought 40,000 shares on the open market at $0.27.
12 Oct 2016director interest notice● Neutral
General Moly, Inc Chief Executive Officer Bruce D Hansen bought 40,000 shares on the open market at $0.25.
8 Aug 2016quarterly activities report▼ Bad
General Moly, Inc reported a quarterly net loss of $1.9 million for the period ended 2016-06-30.
10 June 2016agm notice● Neutral
General Moly, Inc shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
11 May 2016director interest notice● Neutral
Amer International Group CO., LTD. became a General Moly, Inc 10%+ owner and company insider (initial ownership filing).
5 May 2016quarterly activities report▼ Bad
General Moly, Inc reported a quarterly net loss of $2.2 million for the period ended 2016-03-31.
16 Feb 2016substantial holder notice● Neutral
Coghill Capital Management, LLC+*, Clint D. Coghill+* reported a General Moly, Inc shareholding of 3,678,727 shares (3.80% of votes) in a periodic institutional filing.
9 Feb 2016substantial holder notice● Neutral
F. Steven Mooney reported a General Moly, Inc shareholding of 10,000,000 shares (9.40% of votes) in a periodic institutional filing.
1 Dec 2015capital raising announcement▼ BadMajor
The Amer International deal was restructured into three smaller closings, and the first closed for just $4 million (versus the roughly $20 million originally implied) — a much slower start than the 2015 announcement suggested.
24 July 2015material agreement▼ Bad
General Moly and SeAH Besteel added a hard end date (December 2020) to their 2008 molybdenum supply agreement if the Mount Hope project still hasn't started production by then.
22 July 2015substantial holder notice● Neutral
Coghill Capital Management, LLC+*, Clint D. Coghill+* reported a General Moly, Inc shareholding of 4,844,141 shares (5.10% of votes) in a periodic institutional filing.
1 July 2015agm notice● Neutral
General Moly, Inc shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
21 Apr 2015capital raising announcement▲ GoodMajor
General Moly signed a new Chinese financing partner, Amer International Group, on essentially the same model as the failed Hanlong deal: Amer would buy about 25.7% of the company and help arrange roughly $700 million in Chinese bank financing for Mount Hope.
8 Apr 2015substantial holder notice● Neutral
F. Steven Mooney disclosed a new substantial General Moly, Inc shareholding (5.10% of votes).
20 Mar 2015securities registration● Neutral
General Moly, Inc registered a securities offering with the SEC using its shelf eligibility.
22 Jan 2015material agreement▼ BadMajor
General Moly and partner POS-Minerals agreed to tap up to $36 million of joint-venture reserve cash to cover ongoing Eureka Moly expenses until full project financing is obtained, and pushed out by nine years (to December 2020) a $36 million repayment POS-Minerals was owed because production had been delayed past 2011 — a sign the project's financing gap was becoming structural, not temporary.
5 Jan 2015securities registration● Neutral
General Moly, Inc filed notice of an exempt private placement.
30 Dec 2014capital raising announcement▼ BadMajor
With the Hanlong financing gone, General Moly turned to a smaller stopgap: an $8.5 million private placement of 10% convertible notes, with CEO Bruce Hansen, CFO David Chaput and other executives buying in themselves — insiders funding the company as external Chinese capital had failed to appear.
23 Dec 2014substantial holder notice● Neutral
Coghill Capital Management, LLC+*, Clint D. Coghill+* disclosed a new substantial General Moly, Inc shareholding (5.30% of votes).
20 June 2014agm notice● Neutral
General Moly, Inc shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
10 Mar 2014substantial holder notice● Neutral
Nelson Feng Chen reported a General Moly, Inc shareholding of 11,843,341 shares (12.90% of votes) in a periodic institutional filing.
14 Feb 2014substantial holder notice● Neutral
CCM Master Qualified Fund, Ltd.*, CCM Special Holdings Fund, LP*, Coghill Capital Management, L.L.C.+*, Clint D. Coghill+* reported a General Moly, Inc shareholding of 4,844,141 shares (5.00% of votes) in a periodic institutional filing.
13 Jan 2014securities registration● Neutral
General Moly, Inc amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
5 Dec 2013securities registration● Neutral
General Moly, Inc registered a securities offering with the SEC using its shelf eligibility.
22 Aug 2013material agreement termination▼ BadMajor
General Moly and Hanlong terminated their entire 2010 Securities Purchase Agreement and Stockholder Agreement — more than three years after the original $80 million equity/$665 million loan deal, only $40 million of equity and $10 million of bridge financing had ever actually landed, and the promised Chinese bank loan never materialized. Hanlong stayed on as the largest shareholder with a board seat.
14 June 2013agm notice● Neutral
General Moly, Inc shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
16 May 2013material agreement termination▼ BadMajor
General Moly and Hanlong mutually terminated the $125 million subordinated loan from October 2012, which had depended on the still-unsecured Chinese bank loan, so General Moly could pursue a different Chinese partner instead.