ERA - Energy Resources of Australia
- Thread starter RichKid
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skc
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Describe the assets and the likely buyers of them...
skc
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China National Nuclear - they can take a strategic view of it and buy the asset for close to nothing (say era at 5c) as a optionality play.
Where there's a will there's a way!:
That will do me as a price target!
ERA short has been free money for 3 days...
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Any falling knife punters have been hit with a bullet this morning with the Chairman and two other non-executive independent directors leaving due to "a range of factors since the June 11 announcement"
http://www.asx.com.au/asxpdf/20150622/pdf/42z9wvk7tgccgh.pdf
http://www.asx.com.au/asxpdf/20150622/pdf/42z9wvk7tgccgh.pdf
Oh yes ERA rebounded 3% this morning. What a bullet
Anyways this news is neutral at best, no? Directors resigning on their own volition sounds like it signals even harsher times for the company.
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Oh yes ERA rebounded 3% this morning. What a bullet
Anyways this news is neutral at best, no? Directors resigning on their own volition sounds like it signals even harsher times for the company.
Volume ultra light, so lets see how it goes for the rest of the week
Also in the announcement is a pending write-down.
Hard to see this as neutral? Who wants to become chairman of this company now? Can't imagine the worlds best are lining up to be recruited!
skc
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Volume ultra light, so lets see how it goes for the rest of the week
Also in the announcement is a pending write-down.
Hard to see this as neutral? Who wants to become chairman of this company now? Can't imagine the worlds best are lining up to be recruited!
On a positive note.... less cash burn?
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Hard for RIO to justify not coming in and moping up the rest at it's current value of only 180mill.
greggles
I'll be back!
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According to their December 2018 Quarter Operations Review, ERA produced 1,999 tonnes of uranium oxide in 2018. Production in the December 2018 quarter was 613 tonnes of uranium oxide compared to 544 tonnes in the September 2018 quarter.
After a shocker of a 2018, and with the uranium price starting to look healthier, has ERA finally found bottom?
After a shocker of a 2018, and with the uranium price starting to look healthier, has ERA finally found bottom?
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Noted the era activity
Amazed that this company is still alive...so much liabilities.i need to dig more info on the history and current status i thought they were just exploiting the tailing stocks
Amazed that this company is still alive...so much liabilities.i need to dig more info on the history and current status i thought they were just exploiting the tailing stocks
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Stock has absolutely plummeted with a highly dilutive cap raising,,,
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Yet,nuclear reactors are not stopped,nukes are being built again, USD is collapsing so oil gold real needed minerals are value assets..
Uranium should boom and ERA getting higher and higher....
Well...,not really
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Agree with the possibility of a Uranium bull market again in the not too distant futre...
But I think I will look for better run Uranium plays on the asx that doesn't dilute the crap out of shareholders!
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Yep, haven't considered ERA as a potential uranium trade due to the huge number of issued shares.
Generally, this ensures limited price appreciation. Not so for ERA. It's going to the moon.
Generally, this ensures limited price appreciation. Not so for ERA. It's going to the moon.
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Good time for another share raising...
Sean K
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Is this in the best interests of the local clan, Australia, geopolitics, the environment, and the global temperature?
Who loses and benefits by stopping the development of one of the best uranium resources on the planet?
I don't think there's any hand paints on rocks on the site. Did a mythical snake wind its way through the valley? Why stop it?
Who is actually responsible for destroying the billions of dollars of economic development that this could fund for the locals?
Who loses and benefits by stopping the development of one of the best uranium resources on the planet?
I don't think there's any hand paints on rocks on the site. Did a mythical snake wind its way through the valley? Why stop it?
Who is actually responsible for destroying the billions of dollars of economic development that this could fund for the locals?
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There are are lawyers and activists being paid government money to press for things like this. They lose nothing and it justifies their existence. They're probably hugging each other and celebrating in their terrace houses. Snorting cocaine and raising a glass of fine wine in salutation to their Che Guevara posters. Land Rights Now (but keep Centrelink)
