ERA 14.3% 0.6¢ energy resources of australia limited

uranium price could reach $100 by 2013, page-11

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    Lucky

    How can there be "not much of renewable resources left" ??

    By definition they are renewable ie replenishable

    Surely you mean non-renewable ?

    As for U3O8 it is extremely abundant & as prices rise, less consentrated deposits will become viable ie supply is elastic.

    ERA has excellent high grade deposits with The Deeps sure to hold far more than already proven.
    Their problem is water treatment & dispersal & until they get that problem solved they will be lucky to be able to produce for 6 months each year.
 
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