LYC 0.91% $7.77 lynas rare earths limited

Car companies are in deep doo doo,highly unlikely they will be...

  1. 282 Posts.
    Car companies are in deep doo doo,highly unlikely they will be spending big on new technology when they are running at a loss(even Toyota)and the yank auto makers may not even survive.No cost incentive with oil at $40per barrel to develope away from internal combustion engines.Consumers throughout the world with current recesion/depression unlikely to be buying LCD Plasma and other REE reliant devices or more expensive cars that dont provide cost savings when compared to petrol powered.All in all not a good outlook ATM for LYC .
 
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