ERO - surely guy deserves some credit at helm from around $5m cap to $500m cap, luck aside - his last sale over $1 late 2010, timed exit quite well with company April 2011
anyway, wording reckons he has new ground lined up
On his appointment, Mr Houldsworth said that during his sabbatical from managerial roles, he had identified fresh exploration opportunities in areas which are highly prospective. “These present new opportunities for ERO at the perfect time to secure undervalued ground,” he said.
cash burn very low, may not need funding until after new opportunities are announced
PGS - ticking up after early churn, check value of deal vs market cap
