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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. > WHATS THE MISSING PIECE?? If we have a go on drilling....
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Comment by ekimon Apr 07, 2017 12:41pm
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Post# 26092386

RE:RE:RE:RE:WHATS THE MISSING PIECE?? If we have a go on drilling....

RE:RE:RE:RE:WHATS THE MISSING PIECE?? If we have a go on drilling....Diavik was just extended to 2025...but when you look closely at the numbers...2024 is a big drop off in production and 2025 even more so.

In all essence...if things go as they indicated.. full production ceases in 2023 and they will either run at reduced production until closure after that or find some filler feed to feed the hungry mill for those two years.

DO-27 would be an option..Might be other options too.

Looking way into the future...as Jay Pipe winds down in 2030 to 2033...Could easily see DO-27 blending into that feed for the final days of Ekati.

So, you are looking at between 6 and 16 years from now until DO-27 might be come millfeed.
No need to rush out and procure the asset. 

Diavik feed would be the best monetary option for PGD shareholders.

LONG...PGD

EKIM
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