This future direction of reborn ERJ in the director report is really AWESOME. I will hold my shares for long-run. I remember what I read in Mr Boyd's profile that he was able to grow the Pacific Energy's market cap. from $9 million to $200 million. Hope market cap. of reborn ERJ will grow even higher than the Pacific Energi in the long run.
Extract from Mr Boyd's profile as per Old ERJ announcement:
Quoted:
Mr Boyd most recently served as the Chief Executive Officer & Managing Director of Pacific Energy Limited (ASX: PEA). During his 9-year tenure at Pacific Energy, the company’s market capitalisation grew from $9m to in excess of $200m. The company also became the pre-eminent remote mine site contract power business in Australia with a 250MW generation footprint across Australia delivering EBITDA earnings of approximately $35M per annum.
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