ERA 10.0% 0.9¢ energy resources of australia limited

Ann: September 2013 Quarter Operations Review , page-6

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  1. 187 Posts.
    you'd have done better in ERA than PDN and while ERA SP is "soft" there is no sign of fundamental demise. I think PDN is a totaly different story with a debt load/obligation that may outrun waiting for U prices to turn. I have watched PDN's decline from $1 all the way down and still can't consider it for an entry !!. IMO ERA is a much much safer long term bet on U prices - albeit much less leveraged to the upside... but I think the upside may come too late for PDN
 
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