ERA 0.00% 0.6¢ energy resources of australia limited

wonder why there isn't more chatter on this st, page-4

  1. MrQ
    5,148 Posts.
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    I guess I'm moderately positive here due to a small article about looking at Jabiluka alternatives to another huge hole in the groud.

    Assuming demand is present of course, Jabiluka is $8 to $10 per share by itself [note most brokers ascribe a 25% chance of this as success in their fair value price, so $2 to $3 as part of fair value].

    The huge hole in ground and associated mess would have to be one solid negative for the Mirrar - and we have to be realistic and note that the Mirrar aren't even at the table on Jabiluka really - but if ERA can at least provide some more palatable options such as they are doing now with Deeps, there is a chance that discussions could start up.

    SP impact would be huge.
 
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