Energy Resources of Australia Ltd (ERA) has responded to ASX's price query regarding the recent trading in its securities. The company confirmed its compliance with the Listing Rules and provided detailed responses to ASX's specific inquiries.
ERA stated that it is not aware of any undisclosed information that could explain the recent trading in its securities. The company also highlighted the significant appreciation of the global U308 (Uranium) spot price, which was reported at $105.75 USD per pound. ERA confirmed its compliance with the Listing Rules and disclosed that the responses provided have been authorized and approved by the Disclosure Committee.
In response to ASX's price query, Energy Resources of Australia (ERA) affirmed its compliance with the Listing Rules and addressed ASX's specific inquiries. The company emphasized the significant appreciation of the global U308 spot price and provided assurance that the responses have been authorized and approved. ERA's prompt and detailed response reflects its commitment to transparency and compliance with regulatory requirements. Looking ahead, ERA's outlook may be influenced by the global U308 spot price and its impact on the company's operations and market position.