AUG's Chairmans address in May included the following para.
'Morobe contains a resource of some 6.3 million gold equivalent ounces
with significant opportunity for expansion, adjacent to the main
Hidden Valley deposit and proposed mine infrastructure. Aurora's 50%
interest is a major Company asset.'
If Morobe is AUG's major company asset why would they bother to sell it? If sold, then they should have something better to take it's place. Otherwise why would you do it. LHG have done OK in PNG.
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AUG's Chairmans address in May included the following...
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