Rio have 22% of Vimy which is struggling to define a u resource and they have a low grade undeveloped u mine in Canada. And they have sold Rossing to the Chinese. And they want to close down Ranger. And they have outstanding $14B impairments from other projects. This mob can not be allowed to dictate To ERA considering their erratic credentials. They are also so far up the kyber pass with ESG that they are not worthy to be classed as a true miner of earths much needed minerals. Rick Magides should get support from venture capitalists to buy out RIO and put ERA on C+M. IMO if USA wants security of U supplies from Australia (ala rare earths security from Australia) the oz gov would override any u mining opposition in the interest of national security.
ERA Price at posting:
21.0¢ Sentiment: Sell Disclosure: Not Held
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