The Gillard is on TV now.. Its much funnier if you turn the volume down. Otherwise unless you dont work or take a finacial risk it is cringeworthy. Being sold as a holier than thou /Green/Brown/Red response to a surge in renewable energy whatever that is.
All info from Wiki To get total renewable electricity replacement ..you need 15 Terrawatts 1.5 x10>13... 1.5 x10,000,000,000,000 and increasing by 5% /yr = 7.5 x10>11 notably Asia
End of 2009 total wind was 158,000 megawatts = 160,000,000,000 = 1.6x10>11 Get the picture .With wind the total 2009 capacity has to be created 3x just to keep up with current growth in demand.
Good for REE really really good, bad for sanity.. Hence Siemens keeness. LOI my backside .More like when can we have some please please .
These FA points based away from LYC as a stock tells you much. The key is for Lynas to consider prior to events the worst scenario and preempt. Forget about the cost at this stage. As an aside Personally I'd like Lynas to start on Crown with borrowings get NTU under its wing.
LYC Price at posting:
$2.01 Sentiment: LT Buy Disclosure: Held
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