ERA 2.50% 3.9¢ energy resources of australia limited

yellowcake "The problem is they are running out of uranium and...

  1. 472 Posts.
    yellowcake "The problem is they are running out of uranium and Jabiluka will never get the green light while the Greens are assuming such a skeptically dominant role in Australian politics. "

    This was placed in "care and maintenance" in 1999. The news about running out of ore has been known for a long time, and they still have enough mined and stockpiled to allow milling until 2020 or so, and perhaps later if the new extensions at Ranger pay off.
    So nothing here to explain the sudden sell off.
 
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