Peregrine Diamonds Ltd. PGDIF

$1.5 billion NPV

[ekim]

I've completed a second NPV calculation.

This includes all 3 kimberlites plus a CH-6 underground from 250 to 500 metres.
Assumed an increased mill rate to 1 million tonnes per year as I believe it has been mentioned as a target rate.

Check it out here -- NPV #2

Enough work for 1 night.

IMO, The first NPV of $750 million is confirmed with existing knowledge. Going to $1.5 billion NPV will be confirmed or denied with the bulk sample this year.

LONG...PGD

EKIM

[Longinvestor123]

Thx Ekim. So if a $1.5b valuation is realized after the bulk the share price would theoretically be at? 

[ekim]

My upside includes an underground...plus they will not necessarily get everything from TFFE converted into Inferred for the PEA..but you can see that $1 billion PEA is not out of the question by any stretch. I can the investment community can ignore a small diamond project in the cold bitter north of canada for a long time. I don't think that investment community can ignore a $1 billion NPV

[justanormalguy]

Thanks Ekim, A positve outlook on diamonds and Lucara in Botswana below link https://seekingalpha.com/article/3046756-lucara-diamond-is-my-darling