Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:Quiz time

[justanormalguy]

My guess is yes it would be possible and probable. I think it was a timing issue, PGD need $ now for the program, but couldn't wait for the parties final approval or tweeks. Once commercial terms are agreed upon, both parties are interested and would have invested a tremendous amt of time to get there. So, we get the 10 million, pump the Enterprise Value up (both multiplier and NPV), and now the price for Chidliak goes up accordingly. The question is would PGD stick with the original terms. Me, no way. Back to the drawing table, it's a brand new ball game now. What's this EOI? Did I miss something?

ekim wrote: A lot of good points normalguy.

I was also a bit fuzzy on whether those commercial terms with that party were still possible in the near to mid-term or what the latest status is.

In addition to all that there is the EOI due Sept 5th that I hope PGD pursues and lets the market know that they are pursuing.  That could be signficiant.

LONG...PGD

EKIM