Peregrine Diamonds Ltd. PGDIF

Alternatives to Equity Financing for PEA completion?

[justanormalguy]

Mike, was reading your post on SI related to the additional $2 million required, given the very positive prudent nature of PGD we have seen.

Given the current low share price, are there other plausible alternatives to financing at these low prices without immediate dilution to shareholders

1) Debt financing by wealthy individual, private equity or a bank (possibly partially or fully convertable to shares in the future) with deferred interest and principle repayment.  I recall that Stornoway had a debt to equity ratio of around 0.25 prior to the major construction debt & equity financing (ie. pre construction and post FS)

2) What about auctioning off their current and future inventory of diamonds from exploration?  Perhaps for debt interest payments or to partially subsidize 2016 spending.  Any idea what range of dollar values of diamonds from current and estimated future (2015 drilling program diamonds) they could sell off in the new year and if this is even a practice used by other exploration companies?

[Kidlapik]

As an existing shareholder I am just holding my pennies. Eventually PGD will either have to finance again, which given their history, will be FIRST offered to us then to a backing group. Or they will Joint Venture the project. So I just pile them up and either they will need it and I will follow Robert Friedland or they will JV and the stock will rise and I can cash out. This company has always

[ekim]

As per your last point. I absolutely count the diamond parcel's that they own as a hidden liquid asset. They will never sell those diamonds...but it is an asset in my books. They have $250K in diamonds. This bulk sample comes up with another 500 to 1200 carats...maybe even a couple of big diamonds. That 8.87 carat diamond is $40k or something like that. What if they come up with a special