Cash BalanceFollowing completion of the strategic placement, Predictive will have a pro-forma cash balance of approximately A$98.0M and be fully funded through a final investment decision to commence full-scale project development.
Environmental CompliancePredictive Discovery has received approval for the Environmental & Social Impact Assessment and a Certificate of Environmental Compliance, which addresses a key concern for project development.
FundingPredictive Discovery announced that it has received binding commitments from the Lundin Family and Zijin Mining to raise approximately A$69.2M.