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Carnarvon upbeat despite loss

Deep loss as Outtrim declared unlikely to proceed and Loyz debt write-off hits bottom line.

Haydn Black
Carnarvon upbeat despite loss

Currency losses added $1.5 million to the loss.   While explorers without production typically post losses, Carnarvon ended fiscal 2017 with a strong cash balance of $53 million, which it will use...

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