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Predictive Discovery Limited ( (AU:PDI) ) has shared an announcement.
Predictive Discovery Limited and Robex Resources Inc. have announced a merger to form one of West Africa’s leading mid-tier gold producers. The merger combines two of the continent’s largest and most advanced gold projects, aiming for a production exceeding 400kozpa by 2029. This strategic move is expected to drive economic growth in Guinea, enhance local infrastructure, and strengthen the labor force. The merger will also de-risk development funding for Predictive’s Bankan project by utilizing cash flows from Robex’s Kiniero project. The combined company will have an estimated market capitalization of A$2,350 million and will be led by experienced mining leaders, with the transaction expected to close by early 2026.
The most recent analyst rating on (AU:PDI) stock is a Buy with a A$0.74 price target. To see the full list of analyst forecasts on Predictive Discovery Limited stock, see the AU:PDI Stock Forecast page.
More about Predictive Discovery Limited
Predictive Discovery Limited operates in the mining industry, focusing on gold exploration and production. The company is involved in developing advanced gold projects, primarily in West Africa, with a significant emphasis on cost-effective production and resource expansion.
Average Trading Volume: 10,967,556
Technical Sentiment Signal: Buy
Current Market Cap: A$1.15B
For detailed information about PDI stock, go to TipRanks’ Stock Analysis page.