Maybe Rechner's departure, while unfortunately not for the best of reasons, will enable EBR to reinvent itself. While they have some potentially excellent projects they need to become a bit more focussed on fewer things and accelerate their turtle-like pace of achievement to regain the support of the mainstream investment community (well, those interested in the small end of town at least). A good start would be to decide whether they are in the O & G exploration business or minerals, and divest the other part (I'd prefer the O & G entity to be the one to run with). They are distinctly different businesses imo. I'd also like to see a few more new faces on the board, and a definite change in the apparently 'closed and arrogant' attitude to shareholders that has been the mode until now. My thoughts only!
EBR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held