Nov 17 (Reuters) - Boart Longyear Ltd BLY.AX :
* Qtrly adjusted net loss after tax $23 million versus loss of $49 million
* Qtrly revenue $175 million, down 6 percent
* "Cautiously optimistic about some of leading indicators that we follow"
* "Objective is to be cash positive in 2017" Source text for Eikon: Further company coverage: BLY.AX