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5.88% 3.2¢ energy resources of australia limited

Ann: Jabiluka lease renewal update, page-4

  1. Vitor
    511 Posts.
    lightbulb Created with Sketch. 17
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    27/07/24
    09:41
    Post #: 74941653
    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...
    ERA Price at posting: 3.2¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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