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Gold/Mining/Energy : Galantas Gold

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From: goldnoil	8/31/2011 6:03:33 AM
	of 9

CHART - GALANTAS - REVENUE vs COST OF SALES This chart clearly shows the impact of higher gold prices combined with the mill optimisation. This chart comes from ttnyrp at advfn in the UK. The chart comes with the caveat: "Not sure if I've got all these figures absolutely spot on (going back to the quarters regarding the change in revenue recognition and the impairment charge - corrections welcome) but you get the general drift... Note The average price for gold in Q211 was over $300/oz less than today"

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