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  • 3 Reasons Why Molycorp Will Not Be Acquired [View article]
    I believe there is much to be be told in the metrics displayed here
    Oct 27, 2012. 01:45 PM | Likes Like |Link to Comment
  • Molycorp: A Second Chance: Part I of III [View article]
    The DOD has identified 5 rare earth elements as Critical and I find in the MCP deposit only one element at a distribution percentage of 11.71% combined with the other critical rare earths of the total grade of 6.57% will provide a total of 7.69 kilograms of CREEs as identified by the DOD per tonne of ore processed. Whereas SKK Steenkampskraal has within its historical data grading at an average of 11.65% with a distribution of 22.49% of CREEs will produce 26.20 kilograms of CREEs for every tonne of ore processed. You also neglected to do your DD on the fact that SKK was a past producer of thorium and that also the management and personnel involved in SKK have excellent knowledge on the radioactivity of thorium and have methods on hand and will put into practice that knowledge in coping with what you call a problem but in essence is an asset that will be stored safely as recommended by the South African Government and will be a revenue source should thorium once again become a value commodity on the market. SKK has a valid permitting from National Nuclear Regulator in the handling of the thorium content in the SKK deposit. Your reported CAPEX of $150 million includes the purchase of SKK, LCM and GWTI which would leave an additional CAPEX of only $75 to $80 million maximum to bring the entire South African operation into production.
    Feb 9, 2012. 01:16 PM | 2 Likes Like |Link to Comment
  • 6 Rare Earth Element Stocks: Recent Correction Leads to Cusp Of Bull Market [View article]
    Another table of interest
    Sep 30, 2011. 08:32 PM | 1 Like Like |Link to Comment
  • 6 Rare Earth Element Stocks: Recent Correction Leads to Cusp Of Bull Market [View article]
    By the Way if you do not known or understand CREOs I suggest you get a copy of Gareth Hatch's latest publication Critical Rare Earths available here
    Sep 30, 2011. 08:27 PM | 1 Like Like |Link to Comment
  • 6 Rare Earth Element Stocks: Recent Correction Leads to Cusp Of Bull Market [View article]
    Just have a gander at this and you decide where you put your spare nickels or dimes.
    Sep 30, 2011. 08:23 PM | 1 Like Like |Link to Comment
  • Molycorp Share Offering and Financing Announcements Create an Overhang [View article]
    TORONTO ( – Insiders selling up to 24% of Molycorp’s outstanding shares is “an abandonment” of the company, and could signal the stock has peaked, an analyst said on Wednesday.

    While it could be argued that the core shareholders bought into the company at far lower pricers and are cashing out to diversify their investments, “this isn’t diversification, this is an abandonment”, Byron Capital Markets analyst Jon Hykawy told Mining Weekly Online.

    Last month, Molycorp, refurbishing and expanding the shuttered Mountain Pass rare earths mine in California, announced that certain core shareholders were selling up to 11,5-million shares, equal to about 12% of the company.

    On Tuesday, the company said insiders were selling another equal amount of shares, bringing the total to up to 24% of outstanding shares.

    “One of the touchstones of investing is to watch what the insiders are doing,” said Hykawy, addind that the dumping of shares by Molycorp’s core investors could signal that they view that prices for the products that the company produces will decline significantly once its expansion is complete and Australia’s Lynas Corp comes into production.

    This echoes what Goldman Sachs analyst Malcolm Southwood said in a report last month – that the market for certain light rare earths could be in oversupply by 2013, leading to a drop-off in prices.

    Does this signal the top of the market for rare earth stocks such as Molycorp? Remarked Hykawy: “I think the math is fairly compelling.”

    He said in a telephone interview that Molycorp, Lynas and Great Western Minerals, which is developing a rare earths mine in South Africa, would easily meet the world outside China’s demand for lanthanum and cerium.

    These light rare earths account for some 83% of Molycorp’s planned production.

    Hykawy has given Molycorp a “sell” recommendation, but recommends investors buy Great Western’s shares, as it will produce a large amount of heavy rare earths, which he doesn’t believe will suffer from the same flood of supply in the future.

    Molycorp did not respond to telephone messages seeking comment.

    The company announced on Tuesday that it would sell $200-million of convertible senior notes due 2016, with the option to raise this to $230-million.

    The cash would go towards the phase-one and phase-two expansions at its Mountain Pass rare earths processing facility in California, where it aims to produce 19 050 tons of rare-earth oxides once phase one is completed by the end of next year, doubling this in phase two by the end of 2013..

    Rare earths are used in a wide range of high-tech applications, including smart phones, hybrid cars, wind turbines and advanced weaponry.

    China accounts for nearly 97% of the world's output, and has been cutting back production and exports, leading to a peak of investor interest in the metals, which were only viewed as an obscure grouping at the bottom of the periodic table a until about two years ago.

    Shares in Molycorp dropped 6% on Wednesday morning to trade at $55.04 apiece on the NYSE.
    Jun 8, 2011. 11:10 PM | 2 Likes Like |Link to Comment
  • Why Goldman Sachs Is Dead Wrong on Rare Earths [View article]
    Further to my previous comment I attach for your information an indication of the volume of each element will be produced by each deposit by processing 500 tonnes of ore. Also is included the pricing for each oxide per kg. as of May 19, 2011.
    May 23, 2011. 06:22 PM | 4 Likes Like |Link to Comment
  • Why Goldman Sachs Is Dead Wrong on Rare Earths [View article]
    Here is a chart using the current information available from the respective websites, also using the current pricing of REOxides and a recovery rate of 100%. This will assist you in determining where most of the HREOs will come from
    May 23, 2011. 05:31 PM | 4 Likes Like |Link to Comment
  • Great Western Minerals Group Valuation Is Not So Great [View article]
    If you had taken any effort in analysing data on the numerous companies in the Rare Earth Sector your conclusions I am certain would be much different. I've complied a comparative chart which upon review displays several companies that will be much more capable in providing some of the shortfalls on the projected heavy and some of the light rare earths. Molycorps contribution in heavies is basically nil from data taken off their website. In addition it is projected by many experts that the light rare earths in Molycorp deposit will be in a oversupply situation come 2014-2015 which may jepardize MCP's viablility.
    Apr 18, 2011. 07:46 PM | 5 Likes Like |Link to Comment
  • A Rare Earth Primer [View article]
    pgtibbs, yes China is attempting to entice Western Companies to set up in China because they could have access to rare earths however because of the lax intellectual properties regulation in China these companies are not eager to do so as they may be susceptible to piracy of the property rights.
    Jan 18, 2011. 12:16 PM | Likes Like |Link to Comment
  • A Rare Earth Primer [View article]
    Matthew, in your article you indicate the following "This final step is one which has caused some varying opinions in the western world. Some argue that the companies themselves need to step up and do just as Molycorp (MCP) and Great Western Minerals (GWG) are doing and actually make the magnets and other materials to sell to the end user. The Chinese, Japanese, South Koreans, Molycorp, Great Western, Neo Material Technologies (NEM), and others are capable of making these magnets and other materials, and there are ample customers with plenty of demand to make healthy profits at current prices." which is incorrect. GWG produce alloys for the magnet and battery industry and do not produce magnets, they produce alloys. Molycorp does not produce alloys but concentrate. Molycorp does not have an alloying facility. As amatter of fact GWG is the only venture outside of China who have that capability. NEM produces those alloys within its facility in China.
    Jan 14, 2011. 11:39 AM | 1 Like Like |Link to Comment