Peregrine Diamonds Ltd. PGDIF

Star PEA for comparison

[madmann]

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aDIAM-2594077&symbol=DIAM®ion=C STAR-ORION SOUTH DIAMOND PROJECT: PRELIMINARY ECONOMIC ASSESSMENT POST-TAX & ROYALTY NPV OF $2.0 BILLION AND IRR OF 19 PERCENT, 66 MILLION CARATS MINED Star Diamond Corp. has released the positive results of the independent preliminary economic assessment on the Star and Orion South kimberlites, situated in the Fort a la Corne diamond district of central Saskatchewan, Canada, on mineral dispositions held 100 per cent by Star Diamond. The PEA estimates that 66 million carats of diamonds could be recovered in a surface mine over a 38-year project life, with a net present value (7 per cent) of $2.0-billion after tax, an internal rate of return of 19 per cent and an aftertax payback period of 3.4 years after the commencement of diamond production. The PEA highlights include (1): Total potential plant feed of 470 million tonnes at a weighted average grade of 14 carats per hundred tonnes ("cpht"), containing 66 million carats over the 34 year Life of Mine (2). ("LOM"); The Base Case scenario (Model diamond price) has an NPV (7%) of $3.3 billion and an IRR of 22% before taxes and royalties, and an after-taxes and royalties NPV (7%) of $2.0 billion with an IRR of 19%; The Case 1 scenario (High Model diamond price) has an NPV (7%) of $5.4 billion for an IRR of 32% before taxes and royalties; Pre-production capital cost of $1.41 billion with a total capital cost of $1.87 billion (including direct, indirect costs and contingency) over the LOM and an initial capital cost payback period of 3.4 years. 1. Cautionary note: The