PDI

2.22%

23.0¢ predictive discovery limited

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Dibdab

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30/08/23

07:53

Post #: 69626049
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Thanks for the information guys, appreciate your insights greatly

Originally posted by geoenthusiast: ↑

Hi Dindab, take everything I'm about to say with a grain of salt as this is just my opinion.

PDI has been a market darling in some respects due to their impressive discovery at NEB and the speed at which they have put together their 5.4 million Oz resource. The geology is relatively simple at NEB and the plunge extent is conducive to adding many more ounces into the underground inventory. additionally, the relatively high grades in the open pit resource (circa 1.7 g/t) will lend itself to simple, low AISC mining. Adding to what they have, there is potential upside from regional exploration. with the 800m multi element anomaly at Argo, there is potential to add ounces to the already impressive inventory. If they can add other sources of ounces, there is no reason why they can't produce >350k oz per year in years to come at juicy margins.

Putting this all together with the fact that PDI is located in Guinea, one of the better west African mining jurisdiction's along with some cashed up neighbours, PDI may quickly become a T/O target as soon as mining licence is granted.

AIMHO

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Originally posted by AlCp: ↑

WAF does look very undervalue with the pps still 50% lower than the ATH only months ago, they have similar topology tenement with same high grade on the surface and U/G deposit but they only have 3.5Moz JORC whereas PDI has 5.4Moz which will likely be classified as a tier-1 mine of 8-10Moz.

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Originally posted by coto: ↑

WAF is a more dangerous environment. I know someone who has done business with the company and there has been an increase in terrorist activity in recent months. May explain their decline however it looks just as undervalued as PDI does right now. It’s happening in many gold stocks, whether they are in Africa or other regions. People still haven’t clued onto the fact that the world is not getting any better and the future global economic outlook is horrible, meaning the future upside for the gold price is great. Major economies of Germany and Netherlands dipped into recessions in the past couple of months, many more will follow. There is even talk in Canada and the US in the past few days of this new covid variant being dangerous and lockdowns and restrictions returning in the months ahead. Very interesting timing with the US election next year. It all depends how compliant people will be this time around. There will be a lot more than 500,000 and a small portion of society protesting in the streets this time around Imo.

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PDI Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 23.0¢		Change 0.005(2.22%)		Mkt cap ! $540.7M

Open	High	Low	Value	Volume
23.0¢	23.0¢	22.5¢	$824.1K	3.624M

Buyers (Bids)

No.	Vol.	Price($)
4	748511	22.5¢

Sellers (Offers)

Price($)	Vol.	No.
23.0¢	757140	13

View Market Depth

No.	Vol.	Price($)
4	748511	0.225
4	988000	0.220
7	415000	0.210
4	96487	0.205
11	318520	0.200

Price($)	Vol.	No.
0.230	757140	13
0.235	528375	9
0.240	612342	14
0.245	360000	3
0.250	170585	6

Last trade - 16.10pm 16/08/2024 (20 minute delay)

PDI (ASX) Chart

Thanks for the information guys, appreciate your insights greatly

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