Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals

"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

Peregrine Diamonds Ltd. > Lets see how quickly

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Comment by Silverwhereon Jan 10, 2017 2:46pm

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Post# 25690126

RE:RE:RE:RE:RE:RE:Lets see how quickly

Well, according to inspector cudjo, ZERO work is gonna happen, so our PGD bullboard mill with a pickaxe & shovel will suffice . . . . Right inspector cudjo? . . . . . .

ekim wrote: That is a tough one.

Now that you have the path of the Deep water port for 2020 use, you are not going to get a mine up too much faster. You can probably still fast track the construction ASAP once the port is in.

What you can do is to fast track resource development and beef up the tonnage available for the mine plan to be able to beef up/upsize the mill. That is where you are going to get the biggest NPV/IRR kicker.

The less work you do between now and construction of that mill....the smaller the mill. The more work you do...the bigger the mill.

LONG....PGD

EKIM