I think alot of people forget if it wasn't for the 'new mgt' (Phil G and Chris T), ERH would still be a 'going nowhere' shell run by lawyers happy to take their annual corporate fees.
Remember, all this Brazil stuff was introduced by India Pacific, a company owned by CT and PG (www.indiapacific.com.au/ for those interested) ...they didn't NEED to use ERH, they probably could have funded it privately...they also were able to secure the services of Weston (not a mean feat)...they have provided us (and themselves) all with a fantastic opportunity to hopefully make a lot of money.
Be thankful.
Cdchi1
ERH Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held