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2.50% 3.9¢ energy resources of australia limited

"takeover possible"

  1. bgr980
    1,362 Posts.
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    27/09/11
    14:56
    Post #: 9017054
    Just read this in the Australian:

    "Rio chief financial officer Guy Elliott also mentioned Ivanhoe at the Rio investor briefing, saying full takeovers of Ivanhoe or Rio's uranium subsidiary Energy Resources of Australia were possible, but would have to be weighed up against spending on new projects or other takeover opportunities".

    http://www.theaustralian.com.au/business/mining-energy/rio-faces-uncertainty-at-mongolian-mine/story-e6frg9df-1226146155104

    Thoughts anyone?
    ERA Price at posting: $1.94 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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