tag:blogger.com,1999:blog-1527840491496268397.post5828865910448532459..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: An Exchange From the Molycorp Q2 2014 Conference Call $MCPUnknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1527840491496268397.post-17461409638427087722015-02-25T15:39:24.131-07:002015-02-25T15:39:24.131-07:00At $50M cash burn a quarter they'll be at thei...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)jHurthttps://www.blogger.com/profile/04137029150343569722noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-30809067696777427572014-08-09T00:30:33.384-07:002014-08-09T00:30:33.384-07:00The company is a total POS which is why the shyloc...The company is a total POS which is why the shylock crew is lending at a rate high enough that a buy-here pay-here car lot (with remote engine kill) owner would nod in satisfaction. <br /><br />The company can maybe, maybe carry its SG&A, capex, and interest burden IF both VOLUMES *and* PRICES rise - as though prices of rare earths would rise if (and it's a big if) the money pit (mine) began producing the oceans of REE that have been promised for years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-33866556835637550912014-08-09T00:24:17.858-07:002014-08-09T00:24:17.858-07:00I'm hoping your comment was sarcasm whyidibuy....I'm hoping your comment was sarcasm whyidibuy. <br /><br />That cheap financing is 7% cash interest and 5% PIK for a total of 12%. And don't forget that they also gave out warrants for 10% of the company. <br /><br />I think this financing just delays the inevitable.Josh Hnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-11832104287466593302014-08-08T20:52:32.534-07:002014-08-08T20:52:32.534-07:00Always the gloom and doom slant.
How about a simp...Always the gloom and doom slant. <br />How about a simple reason like the one stated by mgt. Get cheap capital while you can. Mgt can never know when capital markets will turn tight and leave them scrambling for cash. Why not line it up and secure the money now? Is that so sinister? whydibuyhttps://www.blogger.com/profile/10101676402335591169noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-41780134933331891012014-08-08T10:44:11.058-07:002014-08-08T10:44:11.058-07:00StraddleStraddleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-76350759514342283112014-08-07T17:34:52.290-07:002014-08-07T17:34:52.290-07:00"strattle"?"strattle"?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-74200501501657319112014-08-07T17:04:58.646-07:002014-08-07T17:04:58.646-07:00Short covering drove MCP up at the start and end o...Short covering drove MCP up at the start and end of trading today. It's a good strattle. Volume is moving from August to the 2015 & 2016 options.Anonymousnoreply@blogger.com