BRV:ASX is an Australian company supported by Brazil Government, has support of political power, there are other big miners like Rio Tinto and BHP operating in Brazil. They are not a super market businesses, it's about international political relations with two different countries. also $713 is possible as it's in brazil where they can get lowest expenses than other countries.
Only problem with this stock is management and they have 2.4 moz proven gold resources, strong support of insiders including A gold producer with market cap of 1.5 billion.
BRV Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
