The idea that cascavel will ever be productive is a pipe dream....

The idea that cascavel will ever be productive is a pipe dream. The ore is non-commercial grade when diluted at the widths required for bulk mining. If it was so good they’d have had the courage to drill it out and provide some proper resource estimates. They’ve always reported half baked information on it missing the key details that would allow for a true objective assessment.
And the tailings grade story is remarkable for its claims and inconsistencies. At best it’s been amateur hour from day one. At worst it’s more deliberate and sinister.
Regardless even if it were commercial it would still be many millions of dollars of investment away from being a profitable operation.

im quite surprised that many investors here haven’t even done some basic peer comparisons. If they had it would stick out like the proverbial dogs b..s that the valuation and forward story here were both wildly optimistic.