NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read Now

BRIEF-Energy Resources Of Australia provides strategic review outcome of businesses

Published 04/05/2016, 08:49 am
Updated 04/05/2016, 08:50 am
© Reuters.  BRIEF-Energy Resources Of Australia provides strategic review outcome of businesses
ERA
-

May 3 (Reuters) - Energy Resources Of Australia Ltd ERA.AX :

* Strategic review outcomes ERA.AX

* ERA will maintain its dialogue with all stakeholders to ensure it continues

to understand perspectives in relation to authority extension

* Ranger 3 Deeps would be expected to provide around ten years of additional

production at Ranger

* Option to develop the Ranger 3 Deeps project in the future will be preserved

* Option to develop Ranger 3 Deeps project in future will be preserved at a

cost of approximately $4 million per year

* Says no further expenditure has been authorised on Ranger 3 Deeps as an

outcome to the review

Source text for Eikon ID:nASXb1DtgV

For more news, please click here ERA.AX

Bengaluru Newsroom; +91 80 6749 1130

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.