GREY:PGDIF - Post by User
Comment by
shnepson Apr 17, 2018 9:43am
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Post# 27896474
RE:RE:Star PEA for comparison
RE:RE:Star PEA for comparison3.4 year pay back period AFTER THE START OF DIAMOND PRODUCTION. How many years of overburden stripping is it going to take before any diamonds are actually in production? $1.9 billion for what 5-6 years before you get the first diamond and then at 0.14cpt (even with good grades) is alot of money to be financed over many years before a value return,on a market that could go any direction. That is a significant amount of funding by Rio Tinto over many years to get a ROI.