Fairly simple really Sabre, and I'm sure you know the reason why, but I'll entertain your comment anyway.....ERA is locked into long-term price contracts for U, which are SIGNIFICANTLY under today's U spot price.
Things will change for ERA in a BIG BIG way within the next two years once it is able to sell out of these contracts, and at spot prices.
It's the only reason why ERA isn't AT LEAST a multiple of it's current price.
PDN can sell at spot....ERA can't, for now.
please explain, page-2
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