Molycorp turns green as CEO sees positive cash flow by late 2014/early 2015

Molycorp (MCP +2.8%) shares pop higher on heavy volume as Swiss publication Finanz und Wirtschaft features an interview with CEO Constantine Karayannopoulos, who says the company will be cash flow positive by the end of 2014 or the beginning of 2015.

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Comments (10)
  • Yorick
    , contributor
    Comments (796) | Send Message
    but certainly no later than late 2015, or early 2016...
    3 Dec 2013, 02:27 PM Reply Like
  • kgerickson
    , contributor
    Comments (479) | Send Message
    Cash flow positive in 2015? Please.....
    3 Dec 2013, 02:28 PM Reply Like
  • kgerickson
    , contributor
    Comments (479) | Send Message
    On a lighter note.... one heck of a name...
    3 Dec 2013, 02:47 PM Reply Like
  • joelkatz
    , contributor
    Comments (570) | Send Message
    Up 5%
    3 Dec 2013, 02:48 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (7341) | Send Message
    (MCP) is not going to die, so $5.12 looks a bargain.
    3 Dec 2013, 04:22 PM Reply Like
  • coltrek
    , contributor
    Comments (14) | Send Message
    Well, ya'know, gotta leave on a positive note . . . the legacy thing, and all.
    3 Dec 2013, 04:52 PM Reply Like
  • nautor42
    , contributor
    Comments (194) | Send Message
    I don't think they can die, since China controls most of the planet's rare earth elements. As I understand it, the minerals MCP controls are of strategic (defense) value as well as commercial.
    3 Dec 2013, 05:06 PM Reply Like
  • S@m
    , contributor
    Comments (177) | Send Message
    Nautor42, I agree. But MCP will in wallow in the mud waiting for the value of REM to go up or their costs to go down. It will be a matter of having patience, waiting for the recovery or the takeover by their major stockholder.
    3 Dec 2013, 11:08 PM Reply Like
  • nicolò
    , contributor
    Comments (66) | Send Message
    They are surviving if they are able to reduce operating costs (like gas produces for example), but stocks will bounce only if RE are bouncing...anyway I'm very bullish on US growth.
    4 Dec 2013, 04:04 AM Reply Like
  • RhodeNav
    , contributor
    Comments (258) | Send Message
    Ya, ya...and here are our eastern evil guys coming...
    Less buying fm China - more China put on the market - pressure on prices...smthng like this?
    5 Dec 2013, 10:52 AM Reply Like
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