No reason at all for holding ERA but plenty reason for holding RIO if Jabiluka gets mined which is very unlikely imo.
ERA independent share holders ie Zentree etc only own about 10% of Jabiluka but Rio owns 90% of Jabiluka so dump ERA and get RIO.
ERA independent share holders also own 10% of $2b rehab costs plus any potential capital mining costs so that would virtually negate any value that independents hold in Jabiluka.
Interesting, page-19
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