Very interesting point in time ith ERA.
The 30-40K tonnes contained in "the Deeps" has been noted in HC threads for at least a year ..... from memory, 42K was the original figure mentioned.
The unconfirmed rumours about the NT Gov wanting a new EIS (which would severely slow down the move into this high grade ore body) haven't made it to the market yet and the very latest scuttlebug may provide the reason why.
Apparently ERA big nobs have been seen in Canberra lobying Fed ministers re exemption from such a new EIS.
It would seem that the ERA share price is now at the mercy of the Federal Government.
grabbed some at the open this morning, page-2
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