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Doray in $45M book write-down

CUTS to forecast production at Andy Well and a rationalisation of assets at Deflector has seen Doray Minerals write down the value of its two gold mines by $A40-45 million before its first half report is released.

Andrew Hobbs
Doray in $45M book write-down

The impairments are the latest in a series of changes to company books after Doray formally appointed new managing director Leigh Junk on January 20 this year. Doray’s impairment of Andy Well, at $20-22.5...

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