CRE 0.00% 5.4¢ crescent gold limited

re: Ann: Craiggiemore and West Laverton Drill... as per you...

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    re: Ann: Craiggiemore and West Laverton Drill... as per you point about cash costs...does this statement on pg 5 in the qrtly shed any light?

    "During the three months ended 31 March 2010, Crescent incurred a net cash outflow of A$4.4 million compared to a net cash outflow of A$3.8 million for the same period in 2009. The latest net cash outflow is primarily due to the timing of costs and revenues associated with the latest mining campaign under the Ore Purchase Agreement with Barrick. That is, cash costs associated with the mining, hauling and stockpiling of ore during March that will be processed in April/May when revenue will be received from these stockpiles."
 
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