Peregrine Diamonds Ltd. PGDIF

RE:Star PEA for comparison

[ekim]

Some comparisons:

Contingency - Chidliak -- 15% -- Star Orion 7%
Marketing/Selling Cost -- Chidliak - 4% -- Star Orion - 1%
Discount Rate -- Chidliak 7.5% -- Star Orion 7%
Diamond Price Escalation -- Chidliak - 2.5% -- Star Orion -- 2.0%

Not sure about the contingency. I agree with the difference in Marketing/Selling as Star Orion will produce bigger and fewer stones. Discount rate and diamond rate escalation differences basically cancel each other out.

I think STar Orion is being a bit aggressive on the contingency...but I understand why they would be as they are talking big capital numbers. 

Very different projects.

LONG...PGD

EKIM