EXT 0.00% 1.2¢ excite technology services ltd

rio continue to invest in era, page-2

  1. 585 Posts.
    PS if you canget hold of it, the ERA presentation is worth a read - provides an insight into what ERA are doing and what they believe the future holds for the Jabiluka and Ranger3 deeps deposits.

    From this I take RIO have confidence in the supply from Ranger, and note that on slide No13 they suggest the ERA resource is probably 25% bigger and 3 times the average grade.

    Given this, would RIO see their $ better invested in ERA than HUSAB?

    Just my thoughts after reading this. DYOR
 
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