Rollercoaster ride continues

LAST week’s rollercoaster ride on global equity markets seemed to flow through to this week with, generally speaking, two days of losses followed by positive gains. Meanwhile, junior Allied Gold, took a battering on the Australian Stock Exchange this morning after it revealed a cost blow-out at its Simberi Island project.

Rollercoaster ride continues Rollercoaster ride continues Rollercoaster ride continues Rollercoaster ride continues Rollercoaster ride continues

Allied, which had been in a trading halt since Wednesday pending the news, did not reveal the revised capital expenditure estimate for the project and said it expected to deliver a revised cost and

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