Considering those recent reports that the demand/price for Lithium/Cobalt is now predicted to skyrocket as Tesla's battery production kicks into high gear, what might this have too do with RVY you may ask ? Well, on each side of every battery there is either an electric generator or motor and while there are already numerous Li/Co mines (with more coming on line each day), there are hardy any producers of the metals Nb/Pr which are needed to make those electric motors and generators. Sooner rather than later the Market is going to wake up to the fact that the production of Nb/Pr is going to be lagging demand for quite some time and you don't need to be Einstein to realize what that means.
RVY Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held