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Nomad flags $61M loss

MINING camp builder Nomad Building Solutions expects to report a $A61 million loss for the 2010 financial year on the back of writedowns of goodwill and fixed assets.

MiningNews.Net
Nomad flags $61M loss

In its preliminary 2010 results announcement, Nomad expects to write off about $51 million of goodwill and a further $2 million of fixed assets. Before impairment charges, Nomad expects to book a net loss...

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