SCHEDULE: Discovery Capital Discloses 6.2% Stake in Ramaco Resources

Discovery Capital Management, LLC and affiliates reported a 6.2% beneficial ownership stake in Ramaco Resources, Inc.'s Class A Common Stock.

Summary

• Discovery Capital Management, LLC, Robert K. Citrone, and Discovery Global Opportunity Master Fund, Ltd. have reported beneficial ownership of 3,431,545 shares of Ramaco Resources, Inc. Class A Common Stock.
• This ownership represents 6.2% of Ramaco Resources, Inc.'s Class A Common Stock.
• The reporting persons hold these shares with shared voting and shared dispositive power.
• The investment is declared to be for passive purposes, without the intent to change or influence control of Ramaco Resources, Inc.

Sentiment

Score: 7

Explanation: The filing indicates a significant passive investment by a reputable firm, which can be viewed positively as a vote of confidence, without any negative implications or intent to influence control.

Positives

• A significant passive investment by Discovery Capital Management, LLC and its affiliates has been disclosed, potentially signaling confidence in Ramaco Resources, Inc.

Future Outlook

NA

Industry Context

Ramaco Resources, Inc. operates in the coal and mining industry. The disclosure of a significant passive investment by a capital management firm like Discovery Capital Management, LLC could be interpreted as a positive signal regarding the firm's outlook on the sector or Ramaco's specific position within it.

Stakeholder Impact

• Shareholders: Disclosure of a significant institutional investor may increase confidence and potentially attract further investment.
• Company Management: Awareness of a large passive shareholder, though without intent to influence control.

Key Dates

Keywords

Ramaco Resources, Discovery Capital Management, Robert K. Citrone, Schedule 13G, Beneficial Ownership, Coal, Mining, Investment, Institutional Investor