ern

all just speculation, but perhaps a takeover. If erongo does have any decent uranium resource, now would be the time for someone to take them out. Good namibian tenements must be becoming hard come by now. With Ausssies (rio, bmn, pdn) etc sitting on payloads. Could get some serious european attention, may feel they are missing out!
I also thought ern had enough cash to at least get the first drill program underway, not sure they need the cash just yet.