The stocks * price hasn't had a full recovery yet?
This is one of my favorite stocks! What do you think of the project going on in Rio? Why did PBR pick a location thats so difficult in Niterói? This is a major project! It seems that it would be a "okay" location for storage but sorta supports "mass suburbia" like is already a problem in North West Rio? A possible solution would be to move projects further up the coastline or work more directly with Argentina. Even though Brazilians "dont like Argentina football" it would be interesting to see Brazil "help" Argentina out of a financial crisis?... it maybe that Argentina has a "better idea" about mining then Brazilians while Brazilians understand oil better... however its important to work together to prevent conflict?
Hope this helps!