LYC lynas rare earths limited

Well, Elon Musk neglects to tell his shareholders that Chinese...

  1. 501 Posts.
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    Well, Elon Musk neglects to tell his shareholders that Chinese sales of EV cars will drop this year by half.

    He forgets to tell his shareholders that usa car insurers are raising rayes on EV cars because even the slightest of damage to the battery results in a total wrote off for the car. Insurance rates for Tesla's and others are now 25% higher than conventional combustion engines.

    He forgets to warm people that China has stopped all EV subsidies to zero in 2023.

    When Elon tells people last week that Tesla is booming with record profits in China, everyone believes him. That his shareprice is a bust because people hate him for buying Twitter.

    Rather he spotlights that a high technology company will makes their products cheaper, less efficient, less powerful, and will transfer the cost of reduced RE in his future engines, to the consumer in the form of higher charging electric costs. I dont see the same policies to get Moon Man to Mars! LOL

    He neglects to tell consumers that the one year waiting time is for a new EV car is now down to 1 week, and average US$9,000.00 discounted.

    Even Warren Buffets Chinese EV maker BYD has reduced production for home and export at all their factories from a five work week, down to three days. You know China has a lot of export markets. Russia comes to mind. The same country that SUPPORTS global warning, so they can drill in the artic after the icepack melts and has less charging stations over 11 time zones, then we have in Southern California.

    And like buting a home, the interest rates for new cars are typically over 11% in the USA for customers with a 700+ average FICO score. Engligh inflation came in at 10.9 % this morning, and the BOE is assured to raise rates tomorrow. Check out their EV sales. They cant afford electricity to heat their tea kettles, let alone an EV car. Energy prices less government subsides which are coming off, are up over 400%. one in four children in the greater London metropolitan area now go to sleep with either mot enough food, or not enough heat. The answer, lets go buy a EV car so we can frezze to death, but the air will be pristine for the coronation.

    REMX is completely decoupled from LYC stock price.

    So, you own a RE mine without a processing permit at its central processing facility. AND, you wonder why the stock price of LYC is down vs. the broad market?

    OK. Whatever makes your boat float, I guess. :/

    When i called $6.50 a share last October 2022, I was shunned on H.C. Now people are begging for $6.50.

    When i warned that the ASX is a junk market who thinks of profits in hours and not quarter years, i was silenced. so, y'all have a good day.
    https://hotcopper.com.au/data/attachments/5146/5146516-9fd5473633d570f282ae83edc7be617d.jpg
 
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Last
$8.88
Change
-0.320(3.48%)
Mkt cap ! $8.306B
Open High Low Value Volume
$9.44 $9.44 $8.86 $61.13M 6.800M

Buyers (Bids)

No. Vol. Price($)
7 225 $8.88
 

Sellers (Offers)

Price($) Vol. No.
$8.91 24100 1
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Last trade - 16.11pm 27/06/2025 (20 minute delay) ?
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