Friday, February 27, 2015

Good Comment On Molycorp Post

A commenter observed:

"At $50M cash burn a quarter they'll be at their $150-200M liquidity requirement by this fall. The $32.5M payment on the 10% notes due December 1 looks like a date to circle on the calendar (actually 30 days after with a grace period)"
Molycorp "earnings" are supposed to be next week.

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