ERA 6.67% 1.6¢ energy resources of australia limited

Ann: Jabiluka lease renewal update, page-13

  1. 1,665 Posts.
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    I was buying this at around $16 ps back in 2008-2009 when I was a complete noob at share trading. After years of share price dilution I'm now thinking it's potentially in the buy range at 1.5cps because I think a new government, safer nuclear reactors being built and climate change will see great demand for uranium heading into the future as the climate and population grow. Nuclear will become an essential energy source. Especially in Australia to populate the vast deserts with lush landscapes. Of course this will take decades to achieve so there is no instant cash rewards hence why I don't hold any shares at the current price but I still think it's a buy to hold for the next generation if you have patience.
    Last edited by poppypop: Wednesday, 15:03
 
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1.6¢ 467685 5
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