There is an absolute drought of quality silver stocks on the asx.....bone dead. BRW is all about exploration, its current Altia resource wont excite anyone, its a high risk reward swing for the hills with the worlds largest miner poking 1000m holes under the current resource looking for something they can spend a major's size investment on (another Cannington is the target).
If not, they will walk and look elsewhere.
The stock is cheap imo due to checkered history, high cash burn, lack of recent success on the nickel leases and loose register.
BRW do have a potential get out of jail free card with copper prices pushing highs and reducing stockpiles. FMR bean counters must be getting itchy for a deal....
