Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Kidlapikon May 05, 2016 10:40am
111 Views
Post# 24844140

RE:News Link - from PGD’s Website – PEA Date

RE:News Link - from PGD’s Website – PEA Date15.62 million carats
9.63 million tonnes
Depth of 240-260m only, open pittable.

CH-6:

11.39 million carats at $213us/carat    =$ 2,426-million
4.64 million tonnes at $75/tonne           =  $ 348-million

CH-7:

4.23 million carats at $113us/carat      = $ 478-million
4.99 million tonnes at $75/tonne          = $ 374.23-million

Pretty easy to see where the real money is. Just in open pit mine you have over $2.2-billion US profit that is a lot of room to cover your start-up capex and still turn a very healthy profit. You could spend $600-mill. on the mine, $200-mil on a road and still have $1.4billion US profit. Just from open pit.
<< Previous
Bullboard Posts
Next >>