Peregrine Diamonds Ltd. PGDIF

Comparison

[ekim]

Last PEA, it was easy to put Chidliak in the same boat as Back River and Coffee with vvery similar NPV's across the board.

Now, it is clear that this PEA udpate with its after tax NPV, is clearly greater then any published NPV numbers that have ever come out of either of those projects for any study at any level.

Yes, they are both at FS levels...and that means it is hard to add upside to either project except for the price of gold.

yes, Chidliak is at a PEA...but thee upside to even add to the published NPV number today is great.

Feel free to check out all the numbers coming from either Back River or Coffee and let me know if I'm wrong. All that information is out their on the web or directly on  SEDAR.

LONG....PGD

EKIM

[racer-x]

Pretty good, $2B pre-tax 0% discount not even half the carats counted in CH-1. If the Canadian dollar can make a come back would sure sweeten the deal

[schocor]

I think the strong CDN $ actually works against the higher NPV - at least that is certainly true for the mining phase - a strong CDN$ while constructing that would be NPV accretive.

[shneps]

Depends on where your financing is based. Look at MPVD. Their financing is almost all in US funds and that is what killed their bottomline last quarter. Stornoway is still (and may be forever) digging themselves out of their financing deals.  This particularly will be the case if they continue with the number of VP's, etc. they have on board. All these finanacings are based on feasibility

[cudjo]

fair enough kidlapik, and shneps your right, other ways to raise capital than the last 3 destructive rights offerings, we should all know soon enough.  Good luck