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Peregrine Diamonds Ltd. PGDIF

"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

Comment by lovecaratson Oct 13, 2017 3:38pm
98 Views
Post# 26811694

RE:RE:RE:Close kept the 14 cent alive

RE:RE:RE:Close kept the 14 cent aliveEKIM
Apparently you keep forgetting how PGD would finance the likely $600-$750M cost to bring CH-6 into production. All typical valuations (ie. IRR & NPV) assume EQUITY financing. That would mean another Billion shares issued, minimum.
Of course, you all could self-finance meaning ponying up minimum $1-2/share that you hold.
$3/sh is a wet dream
Consider yerself fortunate if PGD ever goes to a buck IMO.

LC
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