Namah On Porgera Bid

Open Bid To All Parties

He claims that the Government has overlooked some bidders who had very attractive offers for Porgera.

Mr Namah said the Opposition is aware of at least one bidder for the Porgera Mine deal, which he says is more attractive offer than that of Barrick.

He said the offer is at US$800 million to restart the mine, it has offered to the Government a 52/48 split with 27 per cent of the country’s 52 as free equity.