CAPITAL MARKETS

Aurora: Likely Morobe returns too low given PNG risk

AURORA Gold said yesterday a bankable feasibility study on its Morobe gold project in Papua New G...

Greg Tubby

"The financial modelling, based on a A$500 per ounce gold price, has indicated that likely returns to the equity investors are currently inadequate, relative to the risks for a project in PNG," the Perth-based...

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