Ouch that hurts. Rest n easy exercises and soon you will be strong again.
Ouch that hurts. Rest n easy exercises and soon you will be strong again.What’s a ‘reverse’ shoulder replacement?
Hoping your as strong as an ox soon.
Finally, completed the whole kitchen n 3 bathrooms renovation. Big Sigh of relief n enjoying living in it. Good backyard n front yard size so have been busy trying to create backyard veggie garden.Hello Rabbithop, hoping find you swell. rcw1 going alright, still recovering from reverse shoulder replacement. Rolled rcw1, not a tough as first thought, taken a good while for the body to heal... Good thing can concentrate on our market.... LYC not sure how far it will drop. I'll go back in on the rise. See what it does tomorrow then.
Did you finish the house improvements?
Kind regards
rcw1
Good evening
LYC sp continues to tumble. Another 52 week low chalked up ... March been a terrible month for LYC.
Those buying on the dip, this is a dip .... ha ha ha ha, a big dip... don't fall in...
- Financials could have been better;
- Tesla announced its next generation powertrain won't need any REE;
- Tesla announcement of projected new car numbers were at the much lower end of expectations;
- Awaiting amendment to operating license in Malaysia;
- S@*t load of selling happening; and
- Awaiting Kalgoorlie Plant to come on line by 30 June 2023.
View attachment 154372
View attachment 154367
Not holding.
Have a very nice evening.
Kind regards
rcw1
Just scary to look at the graph falling. Pot is empty now. If its 5, I will need to search under the mattress.Good evening
LYC sp continues to tumble. Another 52 week low chalked up ... March been a terrible month for LYC.
Those buying on the dip, this is a dip .... ha ha ha ha, a big dip... don't fall in...
- Financials could have been better;
- Tesla announced its next generation powertrain won't need any REE;
- Tesla announcement of projected new car numbers were at the much lower end of expectations;
- Awaiting amendment to operating license in Malaysia;
- S@*t load of selling happening; and
- Awaiting Kalgoorlie Plant to come on line by 30 June 2023.
View attachment 154372
View attachment 154367
Not holding.
Have a very nice evening.
Kind regards
rcw1
Hmmm the current dip could be aligned with the super pit in Kal. The further you look down the deeper it gets.Good evening
LYC sp continues to tumble. Another 52 week low chalked up ... March been a terrible month for LYC.
Those buying on the dip, this is a dip .... ha ha ha ha, a big dip... don't fall in...
- Financials could have been better;
- Tesla announced its next generation powertrain won't need any REE;
- Tesla announcement of projected new car numbers were at the much lower end of expectations;
- Awaiting amendment to operating license in Malaysia;
- S@*t load of selling happening; and
- Awaiting Kalgoorlie Plant to come on line by 30 June 2023.
View attachment 154372
View attachment 154367
Not holding.
Have a very nice evening.
Kind regards
rcw1
rcw "shoulder" on Are you in the pool exercising that shoulder?The joint was no good, needed replacing and the surgeon couldn't put the joint back in place the same way, so, its reversed. Where your plate and ball is in the Shoulder joint, rcw1 is the opposite .... unreal what they can do these days... Getting there, long hard slog. Thanks for your kind comment.
Kind regards
rcw1
Rabbito just undo the mattress zip and all that hiden lolly you squirred there away will tumble out.Just scary to look at the graph falling. Pot is empty now. If its 5, I will need to search under the mattress.
Same goes for PLS??, may have to overturn the mattress.
yep ... slow breast stroke now. No freestyle yet... and some walk throughs in the water... Hot and humid enough for it, sure of that... Working pullies, and broom exercises... no strength yet just flexibility.rcw "shoulder" on Are you in the pool exercising that shoulder?
Disagree with your last line. In KAL, the deeper you dig the bigger wheelbarrow of gold to be found!?Hmmm the current dip could be aligned with the super pit in Kal. The further you look down the deeper it gets.
Hi Sean......Have a look at my post Nrs 1514 & 1516 page 76 both dated 13/2/22 in this forum......REE's were on the nose back then.....Looks like the perverbial has begun to hit the fan, so to speak.......Cheers..... DrB....What's going on here guys?
Malaysia?
Rare Earths going to be replaced by something else?
REE prices tumbling?
Overbought and correcting?
Hoping some long term support here might hold.
View attachment 154406
Good morning
Not Holding. Most volatile at the minute... A watching though.
- Lynas Rare Earths raised to Buy: Bell Potter
Have a very nice day, today.
Kind regards
rcw1
Hello @Sean K,Do they say why? Just oversold maybe, looking better value?
Looks like this support might be holding.
View attachment 155318
No M8 they didn't. Didn't really explore though. Couldn't care less what they say... truth be told.Do they say why?
Just oversold maybe,
rcw1 picked up a taste on the rise today, see what it does then ... Kept purposely overnight ....looking better value?
Time to challenge Chinese dominance in critical minerals race
As the fossil fuel era fades, critical minerals are set to become the new oil. If not yet ubiquitous, they are the sinews of the emerging green and hi-tech economies. Think wind turbines, batteries for the renewable sector, electric vehicles, smart phones and computer hard drives.
They are also crucial for defence because they “power the weapons that determine geopolitical primacy”, says security analyst Liam Gibson. Defence needs rare earths for a vast array of applications, including smart bombs, radar, communication systems and advanced fighter aircraft.
“Since critical minerals is not a level playing field, we should play to our strengths by building a trusted, secure and sustainable value chain”
This means that they are a strategic asset as well as an economic resource. Only a few minerals have played this role historically. Silver needed for coinage in ancient times and oil, which still lubricates the wheels of transport and industry, are among them.
The problem for the world is that China has cornered the market in critical minerals, especially the 17 rare earths that are processed into high-value tech metals. Many of these have esoteric Greek names and are not well known. They soon will be.
Neodymium is representative. It produces incredibly powerful magnets that drive motors and generators in everything from wind turbines to the magnetic resonance imaging systems that are used to scan our bodies. Virtually all current and planned hybrid and electric vehicles require neodymium or praseodymium magnets. In a strategic play with enormous consequences for the West, China saw early the importance of critical minerals and set out to capture the whole ecosystem for economic and geopolitical advantage. It has largely succeeded by picking winners, using cheap labour, subsidising local exporters and disregarding the environmental damage caused by unregulated processing. In a little more than a decade China’s price dominance buried competitors, transforming the country from a minnow to a critical mineral’s giant that now controls the value chain all the way from mining to processing and manufacturing.
A Fortescue Metals Group mining operation in the Pilbara region.
If this sounds familiar, it is. Under Xi Jinping, the party-state has adopted the same approach to gain market dominance in pharmaceuticals, manufacturing, renewables and battery technology. Market concentration is never a good thing, particularly if the main supplier is a state which practices coercion as a tool of statecraft. Vladimir Putin’s invasion of Ukraine exposed the folly of Europe’s reliance on Russia for gas. China weaponised rare earths against Japan in 2010 to force the resolution of a maritime dispute in its favour. Tokyo learned its lesson, reducing its dependence on Chinese rare earths from 90 to 60 per cent.
The good news is that Australia is well positioned to provide the critical minerals diversification that the world needs. That’s because we have a rich endowment of critical minerals; world class mining expertise; a rapidly developing renewable energy sector to power the processing plants that turn mined ore into usable powder; and high environmental, social and governance standards that are industry best practice.
These were among the key findings of the recently concluded inaugural Darwin Dialogue on critical minerals that attracted an unusually eclectic gathering of politicians, officials, diplomats, miners and experts from Australia, Japan, India, Europe and the US to the Northern Territory.
Convened by the Australian Strategic Policy Institute, there was broad consensus among its participants that China’s command of the critical mineral’s universe would not be diluted without friend-shoring, co-operation and strong government support.
“Pure market-oriented businesses” cannot compete with authoritarian states, says Gibson. Their companies don’t need to make a profit if the government wants control of an industry for geopolitical purposes.
Since critical minerals is not a level playing field, we should play to our strengths by building a trusted, secure and sustainable value chain in which our high ESG standards are a clear comparative advantage. But we are starting from a long way back. Our critical minerals industry is still in its infancy despite recent encouraging progress. Surprisingly, much of the continent remains geologically unexplored and commercially unexploited. We have only a handful of mines producing critical minerals, and only one company that can refine rare earths.
China spends vast sums on protecting its near monopoly, which includes research and development and an 80 per cent share of rare earths intellectual property, once owned by the West. Australia has less than 1 per cent. Meanwhile, the US, Japan and Europe are ramping up investment in critical minerals and associated technology. The Biden Administration committed more than half a trillion dollars to clean energy in November. Small Australian mining juniors struggle to obtain start-up capital and government financial support to fund the billion plus dollars required to establish rare earths processing facilities. The big miners, with deep pockets, have been notably absent from the tech metals sector.
Luke Smith, Australian Super, and John Hopkins, Export Finance Australia, speak at The Australian's Critical Minerals Summit at Barangaroo. John Feder/The Australian.
Our university system is failing to deliver the qualified metallurgists, mining engineers, industrial chemists and earth science graduates needed to establish a sector which should do more than dig up critical minerals for processing and value adding offshore. The number of earth science graduates has actually declined. And mining no longer seems to attract young people, its image tarnished by a green zeitgeist increasingly hostile to mining in all its forms even though the minerals sector produces 70 per cent of our export income.
Japan has shown the way forward by treating critical minerals as a strategic resource; encouraging exploration; and exhaustively surveying and identifying commercially exploitable ore bodies. Our national approach is too fragmented, lacks scale and needs to be elevated in the Albanese government’s policy priorities.
As the only significant democratic supplier of rare earths in a supply-constrained world, there is now a once-in-a generation opportunity to establish Australia as a critical minerals superpower. This would be a boon to the world and a virtuous convergence of our climate change, energy and national security interests.
ALAN DUPONT
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