some math, right from Peregrine.From PGD NRs and presentations. See thier last corporate presentation. CH6 original tonnage, max 3.3, added another 1 - 1.2 in Dec, so max 4.5. CH7 Max 6.01 - from their last presentation, MAX, combined 10.51. Now they have drilled 7 there should be a better number, but it isnt going north of 6. From thier own presentation, Phase one mine target tonnage starts at 12 to 15 million tonnes. see slide 18. The phase one mine plan originally included 44, no work done on that so cant be included in PEA.
They do not have enough diamonds, pumpers are all looking for glue, use your heads and not your hearts. They will run out of money and will need to do another financing. I expect a NR delaying a PEA until work is done on 44. Market knows it, share price is reflecting this. Remember oiltars direct quote from Clements......7 is critical to any mine plan, and it is meh at best, at worst a bust. 6 can not go alone as mine, 7 is critical, not feeder stock.
This is done until 44 at a minimum, as well as, 1, 45, 10 and 20 are all drilled. Stick a fork in it.