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Molycorp Inc MCPIQ

Metals & Mining Industrial Metals & Minerals
"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 by User

Molycorp Inc > MCP 30 USD mid of 2013
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Comment by mjh9413on Aug 24, 2012 12:41am
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Post# 20255331

RE: MCP 30 USD mid of 2013

RE: MCP 30 USD mid of 2013

luk-uk you must be dreaming in technicolor as the debt figure and lease obligations last qtr were close to $1billion and that is before the latest debt issue and let's not forget the equity dilution. Did you see the drop in aver prices last qtr and the only increase was in their lowest volume sales (re alloys). I am going from memory on all this but if you strip out the lease obligations debt must NOW be about $1.4billion and that is one h--- of a cost for a company facing other increasing costs and lower prices in the medium term. This IS a very risky stock right now and I would not entice anyone in particularly when your figures are not based in fact.

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