Nova Royalty Corp, copper and nickel royalties for EV boom

28 dic 2020

I like the macro setup for this new copper and nickel royalty company. I'm in at $2.78 with a stop loss at $3.04.

• Experienced management and board members from Metalla Royalty & Streaming (NYSE: MTA, TSX-V: MTA)
  
• Copper and nickel are both expected to be in critical deficits by 2025 or sooner
  
• Annual nickel demand from EV batteries is expected to grow 20x by 2030
  
• Royalty companies are a great business (e.g., gold royalty companies outperform gold and gold mining companies)
  
• Peter Schiff mentioned Nova Royalty is one of his largest personal holdings on his podcast
  

Here's their latest investor presentation: novaroyalty.com/images/pdf/corporate_presentation/2020/Nova_Presentation_December_8_2020.pdf

28 dic 2020

Trade attivo

I'm in at $2.78 with a stop loss at $3.04.

29 dic 2020

Trade chiuso: stop raggiunto