This comes across as a very odd statement from you. For a person like yourself, who doesn't even have a financial interest in LYC (as is the case for me), but posts like a rabid fanatic, often 8-10 times a day, it seems you are ENTIRELY obsessed with people agreeing with you.
And, for someone who has been on this board for 13 years, I can tell you with complete accuracy that by parroting any part of CJ'S nonsensical posts, charts, or ridiculous rhetoric, will garner you no respect or support from the long hauler investors on this board. They, myself included, have been on the battle lines of the RE industry for far too many years.
China quite simply is broke. The country is only one-third done clearing their real estate debacle from the counties books. Their only hope is to export their way out, and they won't do it selling cheap goods on Alibaba or Temu. They are re-tooling to export $15,000 EV cars and other higher priced goods to North America, South America, and Europe. They also can not be seen to be subsidizing EV exports without facing trade wars and high tarrifs, so they are flooding the Chinese domestic market with low REE oxide prices, which Chinese auto manufacturers can buy on the cheap, and artificially keep their EV car export prices low, while maintaining higher margins, and earning badly needed hard currency to oblige their internal debt and banking woes. Using this method, for our industry, will limit a trade dispute while building export sales.
Let's try to remember that EV battery components and RE magnets are the highest input costs for the likes of Byd, NIO, or Xpeng.
Often, by saying less, and by looking at the macro, vs. the micro, eases the burden for useless, unending debate, and simplifies what is otherwise, an economy in crisis, and the desperate means to maintain a faux re-blossoming economy, while actually hiding their disaster through the manipulation of their contolled press.
At any rate, there is no need to reply. You have been busy enough with all those posts.
GLTA
LYC Price at posting:
$6.11 Sentiment: None Disclosure: Not Held
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