chinese rare earth export quota reduced, page-27

Hi Greenholly,

Hmmmm, whilst there is a shipload of negativity out there about REEs and REOs and "will they ever get the money?" queries, I just cannot see;

1. These Directors spending their own money to increase their exposure to LYC if it is a dead dog - especially in this climate where 'cash is king'.

2. We have just witnessed proof of CEOs and management teams who think that they will choose what the market wants - Ford, GM etc - the fact is that their ideas have been in stasis for years - these large SUVs are now dodos.

3. Toyota have just been reported in 'The Age' as upping their transport offerings to the public - several new eco car types and designs - using both NiMH and Lithium tech.

check this link here;

http://www.theage.com.au/environment/affordable-electric-car-to-hit-streets-in-2012-20090111-7e6v.html

The NiMH batteries will be used for the engine-battery charge cars - and the Lithium types for the plug-in-to-a-powerpoint types - I reckon people in larger countries [like ours], or countrties with power grid problems [like South Africa] would more likely use the engine models - guaranteed ability to recharge.

Just a matter of time....and seed money..
cheers