ERA 0.00% 3.9¢ energy resources of australia limited

This is just a very minor incident that has been blown out of...

  1. 726 Posts.


    This is just a very minor incident that has been blown out of proportion by the media (in particular Tool O'Brien) with no short term or long term impact on ERA or any of its operations.

    These are the FACTS from the company:

    "Failure of leach tank no. 1

    No injured personnel

    The slurry moved outside the bunded containment area, but has been captured and contained on site

    The production guidance for 2013 is maintained between 2,800 tonnes to 3,200 tonnes"

    Production guidance is maintained for 2013, so there is not even ANY short term impact!!

    The share price should rise once people UNDERSTAND the FACTS!!

    The company will be the better for this minor incident.

    I am topping up at any price under $2.

    $2 here we come if not today, tomorrow.



 
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