ERA 16.7% 0.5¢ energy resources of australia limited

Ann: Jabiluka lease renewal update, page-4

  1. 516 Posts.
    lightbulb Created with Sketch. 17
    Unless I am missing something, with no other assets and a $2.4bn rehab bill does this render ERA completely worthless? The annual report states that they will need to raise capital again to continue funding the ongoing rehab liabilities

    Is the only prudent course of action to effectively wind ERA down (to minimise cost duplication/ waste) and hand off the rehab liability to RIO who realistically is the only one interested in funding it...
 
watchlist Created with Sketch. Add ERA (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
-0.001(16.7%)
Mkt cap ! $110.7M
Open High Low Value Volume
0.6¢ 0.7¢ 0.5¢ $67.70K 11.08M

Buyers (Bids)

No. Vol. Price($)
20 11816139 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 40684 1
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
ERA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.