ERA needs jabiluka to start and for share price. 74mt sitting without use. They need to engage into positive negotiations with the traditional owners asap. Uranium like any mineral has finite life and demand. It will a shame if we cant use when there will be demand in next few years.
My feeling is mgt has plans on this expansion.Otherwise recent raising of 500mill for just few years mining will not be of shareholders interest and Rio may not be subscribing into it. DYOR
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