Karouni impairment hurts Troy bottom line

A MAJOR non-cash write down of the Karouni gold project in Guyana has put Troy Resources into the red for fiscal 2014.

Karouni impairment hurts Troy bottom line Karouni impairment hurts Troy bottom line Karouni impairment hurts Troy bottom line Karouni impairment hurts Troy bottom line Karouni impairment hurts Troy bottom line

The miner recorded a $A59.1 million net loss after tax for the year, compared to a $18.6 million profit in fiscal 2013.

The turnaround was largely attributed to a $61.

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