Past year: ▼ 98%(0.50c – 22.0c USD)
Each one in plain English, with the numbers worked through for a shareholder.
29 Oct 2010material agreement▲ GoodMajor
Hanlong's first-tranche investment ($40 million for 12.5% of the company) was accelerated to close in December 2010, with the environmental-statement deadline pushed back to May 2011 as a condition was dropped.
20 Aug 2010material agreement▲ GoodMajor
General Moly's Eureka Moly venture agreed to fund an $8-12 million community sustainability trust in exchange for local water-rights cooperation, and announced its preliminary draft environmental impact statement for Mount Hope — a key permitting milestone.
2 Aug 2010material agreement▼ Bad
General Moly gave Hanlong a two-month extension (to October 2010) to obtain Chinese government approvals for its investment — the first sign the Hanlong deal's regulatory path was slower than planned.
30 July 2010quarterly activities report▼ Bad
General Moly, Inc reported a quarterly net loss of $3.2 million for the period ended 2010-06-30.
22 Apr 2010substantial holder notice● Neutral
CCM Master Qualifies Fund, Ltd.* CCM Special Holdings Fund, LP* Coghill Capital reported a General Moly, Inc shareholding of 7,484,740 shares (9.70% of votes) in a periodic institutional filing.
19 Apr 2010capital raising announcement● Neutral
General Moly got ArcelorMittal, an existing shareholder and off-take partner, to waive its anti-dilution rights so the Hanlong share issuance could proceed, while extending ArcelorMittal's own supply agreement.
5 Mar 2010capital raising announcement▲ GoodMajor
General Moly signed a major financing deal with Hanlong, a large private Chinese mining group: Hanlong would buy 25% of the company for $80 million and try to arrange a $665 million Chinese bank loan plus a $20 million bridge loan to fund Mount Hope's roughly $1.15 billion build-out — its most consequential financing agreement yet, and one that would take years to play out.
16 Feb 2010substantial holder notice● Neutral
Elliott Associates, L.P, Elliott International, L.P, Elliott International Capital Advisors Inc reported a General Moly, Inc shareholding of 830,034 shares (1.10% of votes) in a periodic institutional filing.
25 Jan 2010material agreement● Neutral
General Moly and partner POS-Minerals extended a decision deadline under their Eureka Moly joint-venture agreement by three months.
9 Nov 2009financial restatement▼ Bad
General Moly restated its first- and second-quarter 2009 results after finding it had misclassified partner POS-Minerals' stake in the Eureka Moly joint venture on the balance sheet — a reminder of the same accounting-control weakness flagged in 2007.
28 Sept 2009substantial holder notice● Neutral
CCM Master Qualifies Fund, Ltd.* CCM Special Holdings Fund, LP* Coghill Capital reported a General Moly, Inc shareholding of 7,484,740 shares (9.80% of votes) in a periodic institutional filing.
6 May 2009substantial holder notice● Neutral
CCM Master Qualifies Fund, Ltd.* CCM Special Holdings Fund, LP* Coghill Capital reported a General Moly, Inc shareholding of 7,506,310 shares (9.90% of votes) in a periodic institutional filing.
17 Feb 2009substantial holder notice● Neutral
Elliott Associates, L.P, Elliott International, L.P, Elliott International Capital Advisors Inc reported a General Moly, Inc shareholding of 3,810,001 shares (5.30% of votes) in a periodic institutional filing.
17 Feb 2009substantial holder notice● Neutral
OZ Management LP, Och-Ziff Holding Corporation, Och-Ziff Capital Management Group LLC, Daniel S. Och reported a General Moly, Inc shareholding of 3,328,447 shares (4.63% of votes) in a periodic institutional filing.
7 Nov 2008substantial holder notice● Neutral
Harbinger Capital Partners Master Fund I, Ltd, Harbinger Capital Partners Offshore Manager, L.L.C, HMC Investors, L.L.C, Harbinger Capital Partners Special Situations Fund, L.P, Harbinger Capital Partners Special Situations GP, LLC, HMC - New York, Inc, Harbert Management Corporation, Philip Falcone, Raymond J. Harbert, Michael D. Luce reported a General Moly, Inc shareholding of 3,563,114 shares (4.96% of votes) in a periodic institutional filing.
3 Nov 2008substantial holder notice● Neutral
Elliott Associates, L.P, Elliott International, L.P, Elliott International Capital Advisors Inc disclosed a new substantial General Moly, Inc shareholding (4.50% of votes).
16 Oct 2008substantial holder notice● Neutral
Citadel Investment Group, L.L.C, Citadel Investment Group II, L.L.C, Citadel Limited Partnership, Kenneth Griffin, Citadel Holdings I LP, Citadel Holdings II LP, Citadel Advisors LLC, Wingate Capital Ltd, Citadel Derivatives Group LLC, Citadel Derivatives Trading Ltd reported a General Moly, Inc shareholding of 3.70% of votes in a periodic institutional filing.
10 Sept 2008resource reserve update▲ GoodMajor
General Moly announced Barclays Capital and Credit Suisse as co-lead arrangers to help raise project financing for Mt. Hope, alongside an updated engineering study — a step toward the roughly $1 billion the project would need.
13 Aug 2008material agreement▲ Good
General Moly signed a third off-take agreement, with Japan's Sojitz Corporation for 5 million pounds a year plus exclusive Japanese distribution rights for its molybdenum oxide product.
19 May 2008material agreement▲ Good
General Moly signed a second molybdenum off-take agreement, this one with Korea's SeAH Besteel for up to 4.4 million pounds a year once Mount Hope reaches production.
12 May 2008substantial holder notice● Neutral
OZ Management LP, Och-Ziff Holding Corporation, Och-Ziff Capital Management Group LLC, Daniel S. Och disclosed a new substantial General Moly, Inc shareholding (5.55% of votes).
8 May 2008securities registration● Neutral
General Moly, Inc registered a securities offering with the SEC using its shelf eligibility.
7 May 2008securities registration● Neutral
General Moly, Inc filed the final prospectus for a registered offering.
7 May 2008securities registration● Neutral
General Moly, Inc filed the final prospectus for a registered offering.
29 Apr 2008resource reserve update▲ Good
General Moly completed a pre-feasibility study on Hall-Tonopah and renamed it the Liberty project.
14 Apr 2008capital raising announcement▲ Good
Warrant holders from the March 2007 placement exercised warrants for $19.1 million, adding cash without a new fundraising round.
6 Mar 2008substantial holder notice● Neutral
CCM Master Qualified Fund, Ltd.* CCM Special Holdings Fund, LP* Coghill Capital disclosed a new substantial General Moly, Inc shareholding (22.53% of votes).
22 Feb 2008material agreement▲ GoodMajor
General Moly brought in POSCO affiliate POS-Minerals as a partner, contributing the Mount Hope project into a new joint venture (Eureka Moly, LLC) in exchange for POS-Minerals funding up to $170 million for a 20% stake — the deal that would finance Mount Hope's development.
14 Feb 2008substantial holder notice● Neutral
Robert L. Russell reported a General Moly, Inc shareholding of 1,592,762 shares (2.80% of votes) in a periodic institutional filing.
13 Feb 2008substantial holder notice● Neutral
Citadel Investment Group, L.L.C, Citadel Investment Group II, L.L.C, Citadel Limited Partnership, Kenneth Griffin, Citadel Holdings II LP, Citadel Advisors LLC, Citadel Equity Fund Ltd, Citadel Derivatives Trading Ltd reported a General Moly, Inc shareholding of 10.10% of votes in a periodic institutional filing.
