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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Bullboard Posts
Comment by xDeBeerson Nov 26, 2013 1:27am
169 Views
Post# 21940909

RE:$100 per ct

RE:$100 per ctOiltar, your last line is interesting. I am bit naive when it comes to the share market. If the share price goes to $1.50 as you say and Eric or Robert fund the project to BFS to the tune of $30-50M how dilute would us shareholders become? Is there some simple maths to work this out? I have some long term price targets but they are based on other companies and other discoveries and are therefore a bit sketchy. If I understood dilution more and knew the warrants and options outstanding I could have a crack at adjusting my price targets.
Bullboard Posts