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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 ekimon Jul 28, 2016 3:12pm
112 Views
Post# 25093147

RE:RE:RE:DDC/LUC to team up for PGD?

RE:RE:RE:DDC/LUC to team up for PGD?I don't think anyone would be invested in PGD if they thought Chidliak was unfundable at this point.

2 things here...

1 - Get a deal (partner/financing/etc.) that is the best path forward.
2 - Try to convince the retail investment community that this is a good thing...regardless that it might actually be a great thing.

Retail is fickle and #2 might actually be harder than #1 when it comes to $PGD.

You can absolutely tell that the PEA focused heavily at getting the minimum capital cost  required as possible (with reasonable NPV still).

No doubt that capital cost will rise with multiples of NPV added...but it is all about optics and goals at that point in time.


LONG...PGD

EKIM
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