EXACTLY
THEY don't even have enough Cash to cover the REHAB COSTS!!!
The shares are worthless.
But don't let the FACTS stands in the way.
"At 31 December 2016, ERA had $466 million in total cash resources and a rehabilitation provision of $511 million. As a prudent risk management initiative, ERA has entered into a $100 million credit facility with Rio Tinto, should additional rehabilitation funding be required."
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- Ann: Quarterly Activities Report for period ending 31 March 2017
EXACTLY THEY don't even have enough Cash to cover the REHAB...
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