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Predictive Discovery Limited ( (AU:PDI) ) has issued an announcement.
Predictive Discovery Limited has amended its arrangement agreement with Robex Resources Inc., resulting in a revised share exchange ratio that will see PDI and Robex shareholders owning 53.5% and 46.5% of the combined entity, respectively. This merger is expected to create one of West Africa’s leading gold producers by combining two of the largest and most advanced gold projects in the region, offering significant strategic, financial, and operational benefits, including enhanced scale, access to capital, and potential inclusion in major stock indices.
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 primarily on gold exploration and development projects. The company is engaged in advancing large-scale, low-cost gold projects in West Africa, aiming to become a leading gold producer in the region.
Average Trading Volume: 16,201,890
Technical Sentiment Signal: Buy
Current Market Cap: A$1.86B
For an in-depth examination of PDI stock, go to TipRanks’ Overview page.