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Bullboard - Stock Discussion Forum Molycorp Inc MCPIQ

"Neo Performance Materials is a supplier of advanced materials used in a wide range of technology applications across many sectors. Its products include Neo Chemicals and Oxides, Neo Magnequench (magnetic materials and alloys), and Neo Rare Metals."

OTCPK:MCPIQ - Post Discussion

Molycorp Inc > Reduces Liquidity Risk
View:
Post by Endorse on Aug 22, 2012 6:48am

Reduces Liquidity Risk

...

The company's Mountain Pass mine is now commissioning its separation lines for cerium,lanthanum, neodymium, and praseodymium.

"We expect the next material catalyst to be Q3 earnings in late Oct/early Nov with some of this new production impacting results," Gibson said.

Excess cash from the latest financing can be used to refurbish Silmet, continue expansions at Chinese facilities, or build out alloy capacity at Tolleson....

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