Ramaco Resources, Inc. (NASDAQ:METC) Q2 2023 Earnings Call Transcript August 9, 2023 9:00 AM ET

Company Participants

Jeremy Sussman - Chief Financial Officer

Randall Atkins - Chairman and Chief Executive Officer

Chris Blanchard - Chief Operating Officer

Conference Call Participants

Lucas Pipes - B. Riley Securities

Nathan Martin - The Benchmark Company

Operator

Welcome to the Ramaco Resources Second Quarter 2023 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode, and the floor will be open for your questions following the presentation. [Operator Instructions].

I would now like to turn the call over to Jeremy Sussman, Chief Financial Officer. Please go ahead, sir.

Jeremy Sussman

Thank you. On behalf of Ramaco Resources, I would like to welcome all of you to our second quarter 2023 earnings conference call. With me this morning is Randall Atkins, our Chairman and CEO; and Chris Blanchard, our Chief Operating Officer. Before we start, I would like to share our normal cautionary statement. Certain items discussed on today's call constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements represent Ramaco's expectations concerning future events. These statements are subject to risks, uncertainties, and other factors, many of which are outside of Ramaco's control, which could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statements speaks only as of the date on which it is made, and except as required by law, Ramaco does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

I'd also like to remind you that you can find a reconciliation of the non-GAAP financial measures that we plan to discuss today in our press release, which can be viewed on our website, ramacoresources.com. Lastly, I'd encourage everyone on this call to go on to our website and download today's investor presentation under the Events Calendar.

With that said, let me introduce our Chairman and CEO, Randall Atkins.

Randall Atkins

Thanks, Jeremy. Good morning to everyone, and thanks for joining the call. We have a lot to cover this morning since we last spoke in May. First, during the second quarter, we announced two potentially transformative milestones. In early May, we disclosed that our Brook Mine near Sheridan, Wyoming, may contain the largest known unconventional and positive rarer of elements in the United States. In late June, our tracking stock, which we call core resources, began trading under the ticker symbol METCB and will pay its first dividend next month.