Original post:
After bucking a down market and trading up $2.86 during yesterday's regular session the stock is down $1.67 in premarket trade at $59.00.
And here I was saying such nice things about the stock grinding off of an intermediate low.
It's the insiders bailing, no proceeds to the company:
| Shares | ||||||||||||||||||||||||||||||||
| Beneficially | ||||||||||||||||||||||||||||||||
| Number of Shares | Owned After | |||||||||||||||||||||||||||||||
| Shares | to be Sold | Offering if | ||||||||||||||||||||||||||||||
| Shares Beneficially | Beneficially | if Underwriters | Underwriter’s | |||||||||||||||||||||||||||||
| Owned Prior | Number | Owned After | Option is | Option is | ||||||||||||||||||||||||||||
| Name and Address of | to Offering | of Shares | Offering | Exercised in Full | Exercised in Full | |||||||||||||||||||||||||||
Beneficial Owner | Number | Percentage | Offered | Number | Percentage | Number | Number | Percentage | ||||||||||||||||||||||||
Resource Capital Funds(1) | 19,591,746 | 23.4 | % | |||||||||||||||||||||||||||||
Pegasus Entities(2) | 11,279,199 | 13.4 | % | |||||||||||||||||||||||||||||
TNA Moly Group LLC(3) | 6,152,774 | 7.3 | % | |||||||||||||||||||||||||||||
KMSMITH, LLC | 217,389 | * | * | * | ||||||||||||||||||||||||||||
Baron Capital Group, Inc.(4) | 4,576,594 | 5.5 | % | |||||||||||||||||||||||||||||
Russell D. Ball | 9,500 | * | * | * | ||||||||||||||||||||||||||||
Ross R. Bhappu(5) | 19,592,346 | 23.4 | % | |||||||||||||||||||||||||||||
Brian T. Dolan(5) | 19,591,746 | 23.4 | % | |||||||||||||||||||||||||||||
Charles R. Henry | 134,401 | * | * | * | ||||||||||||||||||||||||||||
Mark S. Kristoff(6) | 6,339,890 | 7.6 | % | |||||||||||||||||||||||||||||
Alec Machiels | — | * | * | * | ||||||||||||||||||||||||||||
Mark A. Smith(7) | 1,102,666 | 1.3 | % | |||||||||||||||||||||||||||||
Jack E. Thompson | 97,018 | * | * | * | ||||||||||||||||||||||||||||
James S. Allen | 19,234 | * | * | * | ||||||||||||||||||||||||||||
Ksenia A. Adams | 528 | * | * | * | ||||||||||||||||||||||||||||
John F. Ashburn, Jr.(8) | 252,956 | * | * | * | ||||||||||||||||||||||||||||
John L. Burba | 309,262 | * | * | * | ||||||||||||||||||||||||||||
Alan Docter(9) | 6,341,890 | 7.6 | % | |||||||||||||||||||||||||||||
All executive officers and directors as a group (14 individuals) | 27,857,988 | 33.2 | % | |||||||||||||||||||||||||||||
| (1) | As reported on Schedule 13D/A filed on March 21, 2011, includes (a) 15,627,423 shares of our common stock held by Resource Capital Fund IV L.P., of which Resource Capital Associates IV L.P. is the general partner (RCA IV GP L.L.C. is the general partner of Resource Capital Associates IV L.P.) and (b) 3,964,323 shares of our common stock held by Resource Capital Fund V L.P., of which Resource Capital Associates V L.P. is the general partner (RCA V GP Ltd. is the general partner of Resource Capital Associates V L.P.). The manner in which the investments of Resource Capital Fund IV L.P. and Resource Capital Fund V L.P. are held, and any decisions concerning their ultimate disposition, are subject to the control of an investment committee consisting of certain partners of Resource Capital Funds: Hank Tuten, James McClements, Ryan Bennett, Russ Cranswick, Mr. Bhappu and Mr. Dolan. The investment committee is appointed by each of RCA IV GP L.L.C. and RCA V GP Ltd. The investment committee has voting and investment power with respect to the shares of our common stock owned by Resource Capital Fund IV L.P. and Resource Capital Fund V L.P. The address of Resource Capital Fund IV L.P. and Resource Capital Fund V L.P. is 1400 Sixteenth Street, Suite 200, Denver, Colorado 80202. | |||||
| (2) | As reported on Schedule 13D/A filed on March 29, 2011, includes (a) 6,135,886 shares of our common stock held by PP IV Mountain Pass II, LLC, (b) 2,972,111 shares of our common stock held by PP IV MP AIV 1, LLC, (c) 1,085,601 shares of our common stock held by PP IV MP AIV 2, LLC and (d) 1,085,601 shares of our common stock held by PP IV MP AIV 3, LLC. Pegasus Partners IV, L.P. controls PP IV Mountain Pass II, LLC and the general partner of Pegasus Partners IV, L.P. is Pegasus Investors IV, L.P. Pegasus Partners IV (AIV), L.P. controls PP IV MP AIV 1, LLC and the general partner of Pegasus Partners IV (AIV), L.P. is Pegasus Investors IV, L.P. The general partner of Pegasus Investors IV, L.P. is Pegasus Investors IV GP, LLC, of which Pegasus Capital LLC is the managing member. Craig Cogut is the managing member of Pegasus Capital LLC. MP IH Holdings 1 LLC controls PP IV MP AIV 2, LLC. MP IH Holdings 2 LLC controls 96.4% of PP IV MP AIV 3, LLC. The non-member manager of each of MP IH Holdings 1 LLC and MP IH Holdings 2 LLC is Pegasus Capital Advisors IV, L.P., the general partner of which is Pegasus Capital Advisors IV GP, LLC, and the sole member of... |
Here's the S-1, I'll be back with more.
