GREY:PGDIF - Post by User
Post by
ekimon Jul 13, 2016 6:12pm
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Post# 25050401
Context
Context"According to a 2013 optimization of the company’s 2011 feasibility study, the project has a post-tax net present value of $391 million after taxes and an internal rate of return of 16.3%."
That is Renard...and (at the time) that is the only ammo they had going into to try and convince financiers to raise a billion $$'s...and they succeeded. Being as complicated as possible.
Peregrine Ammo is already better then that and is going to get better as more information is uncovered and they only need to raise just over $400 million...not a billion $$'s.
SWY is looking at expansion down to 1 km depth for future growth.
PGD can look down at depth for ch6 and ch7 and has way more opportunities to expand at many of the barely tested kimberlites.
LONG...PGD
EKIM