Business Context and Reporting Period
Company: Natural Resource Partners L.P.
Filing Type: Form 8-K (Current Report)
Date of Report: June 22, 2006
Context: This filing addresses a clerical error in the registrant's previously filed Form 10-K for the year ended December 31, 2005.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a correction of disclosure text and does not contain financial performance data.
Material Changes
Correction of Prior Disclosure: The registrant corrected an inadvertent error in its Form 10-K filed on February 27, 2006. Specifically, on page 66 under "Independence of Directors," the company incorrectly cited the New York Stock Exchange listing standards. The filing clarifies that the Board of Directors determined Messrs. Blakely, Carmichael, Karn, and Smith are independent under Section 303A.02(a) of the NYSE listing standards and Item 7(d)(3)(iv) of Schedule 14A under the Securities Exchange Act of 1934.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The sole purpose is to rectify the citation error regarding director independence standards.
Key Facts for Investor Verification
- Verify the corrected citation of NYSE listing standards (Section 303A.02(a)) regarding director independence in the 2005 Form 10-K.
- Confirm that the independence status of directors Messrs. Blakely, Carmichael, Karn, and Smith remains unchanged by this correction.
- Note that this filing does not impact the financial statements or operational results of the company.