Peregrine Diamonds Ltd. PGDIF

RE:Kim-C

[Silverwhere]

10.333333 years / 10 years  =  1.0333333 -1.0  =  0.0333333
 
From the PEA NR:
 
After-tax NPV of C$ 471.2 million, at a 7.5% discount rate and an after-tax IRR of 29.8%.
 

So ekim, is the following statement correct?
 
C$ 471.2 million x 0.0333333  =  C$ 15,706,651

ekim wrote: One thing that Tom did quantify in the CC was the amount of material of KIM-C in the ultimate pit for the PEA.

It is estimated at 250K tonnes.

Based on a 1 to 1.5 cpt grade (that can be surmised from the micro data)...and attributing the carat value.

That would equate to CAD$50 to $75 million tonnes of kimberlite material.

Pretty expensive waste material.

That is also 1/3rd year of production...so make that a 10.333333 mine life.

LONG...PGD

EKIM