LYC 0.00% $7.04 lynas rare earths limited

Interesting, page-290

  1. 7,598 Posts.
    lightbulb Created with Sketch. 508
    So you believe in perpetual motion. I will admit the author makes this sound true but any person with any person with any technical background would know something is wrong. Yes two poising magnets generate a force, But if one magnet is rotating wheel how do you make a force? So yes you could put Perma magnets inn the road and bottom of car. But think how many magnets this would take. Gravity is accelerating everything towards the center of earth, at 9.8 Meters / SEC 2 or 32 Ft / SEC2 If something is stationary that is easy to do. If it is moving it becomes complex and requires energy input. It does work for Trains and other systems in a narrow configuration. Cars that do not stay on a coffined track are orders of magnitude more complex. I am sure it will happen some day but not in my or my children's life time. We are a few years away from transporters that are on a fix course. If you are on a fixed course there is no need for wheels something the author does not get.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.04
Change
0.000(0.00%)
Mkt cap ! $6.580B
Open High Low Value Volume
$7.12 $7.27 $7.04 $30.56M 4.289M

Buyers (Bids)

No. Vol. Price($)
1 35 $7.03
 

Sellers (Offers)

Price($) Vol. No.
$7.06 5575 1
View Market Depth
Last trade - 16.10pm 10/09/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.