ERA 2.50% 3.9¢ energy resources of australia limited

acid spill - no enviro disaster etc but nasty, page-12

  1. 7,195 Posts.
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    It is fascinating watching all the various media spin by special interest groups exaggerating a minor event - while considering the following.
    1 - What would GAC have been paid by Ranger over the years ? Is there a record somewhere ? Ball park figure anybody?
    2 - You would think there was no natural uranium outside the mine lease ?
    3 - Is it not a fact that the Ranger operations are squeezed in on a ridiculously small mine lease - origins for that go back to the 1990's I assume.
    If the deeps mine goes ahead - site problems would continue I assume, through crowding of facilities, variations in the wet season overloading dams etc.

    Although I am a supporter of mining - is it not arguable that this project could be suspended on various technical grounds without harming the National interest.
    I did own some ERA in another life - pre GFC I recall.
    BTW - is the heap leach extraction working now ?
 
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