Sedgman forecasts a loss, signs on at Aurora

SEDGMAN is now projecting a net loss for fiscal 2014 despite the signing of a major contract for works at Guyana Goldfields’ Aurora gold project in Guyana.

Sedgman forecasts a loss, signs on at Aurora Sedgman forecasts a loss, signs on at Aurora Sedgman forecasts a loss, signs on at Aurora Sedgman forecasts a loss, signs on at Aurora Sedgman forecasts a loss, signs on at Aurora

After setting guidance earlier this year for a $A3-6 million net profit after tax in fiscal 2014, Sedgman says it will now record a net loss after tax in the range of $5-7 million.

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