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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Comment by mill44on Oct 16, 2015 3:26pm
91 Views
Post# 24199532

RE:Won't take much

RE:Won't take muchMy estimate has been 500mill, minimum, as well. And that's where I see the problem for a takeover. That is not cheap, especially as a takeover. A JV at 100mill or so makes a lot more sense for the other side. Reduces the risk considerably but leaves a nice potential for a serious upside.
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