Peregrine Diamonds Ltd. PGDIF

NPV Calc's

[ekim]

Don't have time to do one right now...but we have more clarity on the upcoming PEA.

NPV #1 - Included Pit only at CH-6 for a total of $750 million NPV
NPV #2 - Included Pit and UG at CH-6, Pit at CH44 and pit at CH-7 for a total of $1.5 billion NPV

Reality check:
PEA will include:
Pit only at CH-6 (with some TFFE converted to inferred)
Pit only at CH-7

It will actually come out between 2 earlier estiates.

Back of the envelope and we could be looking at an NPV of around CAD$1 billion on the upcoming PEA.

Right now, the material news will be the valuation model for CH-7. It could make the difference of an NPV of $750 million and $1 billion.

LONG...PGD

EKIM

[schocor]

How (why?) does one calculate a NPV without a mine plan, cost to build infrastructure or any project details? Surely you have more productive uses of your time than what is clearly a flawed anlaysis?

[ekim]

I guess you are referring to any NPV analysis done here as well as the one's Raymond Goldie and John Kaiser have completed? Just because Peregrine can't release details because of 43-101 jail time if they do..doesn't stop one from using publically available information out there to disclose an estimate. You do realize this is a kimberlite mine without heavy processing. No lake to

[ekim]

I will also refer to Tahera's positive Feasibility Study, done by experts and a mine plan,  to indicate that a non-flawed analysis can be completely flawed. Heck. We don't even know if Renard is a sure thing. LONG...PGD EKIM