AUZ 6.67% 0.8¢ australian mines limited

Electric Cars, page-5

  1. 5,349 Posts.
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    The beautiful thing about the electrical motor, they don't breakdown.
    Well...very rarely.
    Electric pumps go on for ever, as long as they have power.
    You can even submerge them in water and no problems, careful about the insulation.

    So much more than the petrol engine.
    The first television was mechanical, built by Logie Baird.
    A Russian gentleman developed the electric television set.
    Logie Baird got the credit.

    So now to the electric car.
    The main drive is a battery, no fuel pump, no engine period.
    You naturally have the same undercarriage system, brakes etc, but little else.
    So they will be more reliable that the best mechanical vehicle on the road.

    We have a very exiting period ahead of us, and "we" are part of that huge development by holding stocks like AUZ.
    Unless the world ends tomorrow "we" should be successful in our investment in the likes of AUZ...especially AUZ.
 
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