ERA energy resources of australia limited

2018. NT gov. and GAC laid plans to commit $446m to bolster...

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    2018. NT gov. and GAC laid plans to commit $446m to bolster tourism at kakadu and to keep Jabiru going if Ranger closesdown mining.

    2019. NT treasurer reports NT debt level will explode to$36b by 2030 with interest liability of $2b pa.

    She said there will have to be layoffs, cutbacks andsavings.

    Scott Morrison said he will not bail out NT debt.

    The NT gov. GAC and ERA are going to have to come upwith a positive plans to ansure that ERA is able to keep paying out$20m pa in royalties.

    The can must stop being kicked down the road. All stakeholders need to get serious about what the real game play is gettingto, including reopening JABILUKA when the u price recovers.

    It would certainly be in the NATIONAL INTEREST toprovide NT with every possible avenue to regain economic stability bysupporting all of its mining and commercial industries.


    Last edited by kenso: 04/06/19
 
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