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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. > GEM diamonds puts Ghaghoo mine on Care and Maintenance
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Comment by Silverwhereon Feb 21, 2017 1:25am
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Post# 25870871

RE:GEM diamonds puts Ghaghoo mine on Care and Maintenance

RE:GEM diamonds puts Ghaghoo mine on Care and Maintenance
The reason Ghaghoo is being put on care and maintenance is their now non-existent chance of making any money at this time. See page 18 – which is a chart showing March 2016 margins.
 
(Macquarie Research, March 2016 - Mountain Province Diamonds, Corporate Presentation, AGM 2016)
 
https://www.pdiam.com/assets/docs/PGD-PEA-Investor-Update-July-12-2016.pdf
 
 
(MPV and/or PGD should edit that Ghaghoo typo in that chart?)
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