Gold Takeover Targets

Hi David,

PDI has blossomed into a $1.2bn gold stock who recently completed a Definitive Feasibility Study (DFS) for its Bankan Gold Project, in Guinea, projecting roughly 250,000 ounces per year of production over a more than 12-year mine life. The company carries very little debt:

• In February 2025, they completed a $69.2 million private placement led by the Lundin Family and Zijin Mining, boosting their cash position to approximately $98 million.

Perseus Mining (PRU) currently holds 17.8% of the company but while it doesn’t operate in Guinea it is familiar with exotic locations with its operations remain in Côte d’Ivoire, Ghana, and elsewhere in Africa. After buying at significantly lower levels PRU could be waiting to see how things progress with the ramp up not expected until mid-2028, i.e. there’s no hurry just yet.

• We can see companies running the numbers for PDI but potentially not this year.

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Predictive Discovery Ltd (PDI)

LAST UPDATED 08/08/2025 11:43

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Predictive Discovery Ltd (PDI)

LAST UPDATED 08/08/2025 11:43