Peregrine Diamonds Ltd. PGDIF

KDI vs PGD

[shneps]

For James - 

KDI benchmark to value Chidliak.

KDI sold for $175 million for its 18 million non stand alone cts.With a value of $60 per ct that was a sale of $9.72 per ct.So we know many yrs ago the PGD DO-27 held 18 million cts valued at $70 ct and PGD owns 72%.So @ 9.72 the DO-27 is worth net to PGD $126 million or 28.5 cents per PGD share alone with out Chidliak.

So using the KDI $9.72 per ct for 22 million cts valued at $200 per ct of stand alone ore at Chidliak allowing for no premium from KDI $60 per ct stacked up to $200 per ct at Chidliak we get a value of $213 million or 48 cents per PGD share

Add both figures 28 cents to 48 cents = 76 cents for a PGD share based like KDI as if Its all non stand alone ore.So the way I see it the Chidliak high grade high value stand alone ore translates to at least $1 per PGD share...

And its on sale for only 15 cents.You can buy a $1 for 15 cents???
For how long before a take over comes???

Dominion,Debeers,and RIO must see the value of PGD