Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
DO NOT jump into Lihir at present as there are more problems under the surface for this company than has been reported.

The merger with Nuigini will not get this company out of the quagmire and those in the know are aware that the huge cost of production means that the PoG must be at or around US$350 per ounce for any semblence of a profit.

Buyer beware!


Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.