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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
Post by blue_diamond_on Dec 06, 2013 2:23pm
238 Views
Post# 21980015

the known unknowns:

the known unknowns:1. average carrat value
the news release seems to show lot of confidence on the color and clarity of diamonds. that is a big deal indeed. 
i did a (too) rough calculation of average carrat value and I got something bettween 150 to 250 . 

2.  CAPEX  ~ 1 billion , so dilution would kill the stock price, to be long now , you need to believe PGD is gona be bought out. 

on average carrat value , homework :  find the price for a no-inclusion 2 carrat white, clear,  ROUGH diamond .    7-12 k usd  ?
Bullboard Posts