PDI 0.00% 19.0¢ predictive discovery limited

Ann: Further Strong Drilling Results from the NEB & BC Area, page-143

  1. 564 Posts.
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    Thanks for that Googs - one zero too many in my post! Take that $3 as 0.30c+ which, given that we were just about there not too long ago, would be a given, post granting of the mining permit. In addition to that, since PDI reaching ATH during Jan 2022, major progress has been achieved including successfully increasing & upgrading the mineral resources - (summary from the annual report below). So, unless there is the unlikely event of the mining permit being denied or some other unknown damming event occurring, I believe that 0.30c is highly conservative by mid 2024 which is just around the corner.

    "In August 2022, a Mineral Resource update wasannounced for the NEB deposit, increasing the overallBankan Project Mineral Resource to 79.5Mt @ 1.63g/tfor 4.2Moz (Inferred). This represented a 15% increasecompared to the maiden Mineral Resource estimateof 3.65Moz announced in September 2021, withthe NEB Mineral Resource increasing to 3.9Moz andthe BC Mineral Resource unchanged at 331Koz.2In February 2023, PDI announced an updatedNEB estimate, which was focused on partiallyupgrading 1.75Moz of the Mineral Resourcefrom Inferred to Indicated, representing 50%of the NEB Open Mineral Resource.3The August 2023 update increased the total MineralResource for the Bankan Gold Project by nearly 30%to 100Mt @ 1.66g/t for 5.38Moz of gold, comprising4.89Moz at NEB and 487Koz at BC.4 Beyond thesignificant increase in the resource base, 4.14Moz or 77%of the contained gold has been upgraded to Indicated,providing a sufficient basis for the Scoping Study thatremains on track for completion by the end of 2023."

    https://hotcopper.com.au/data/attachments/5673/5673599-5e6ffad4e1c3023f0790e9d2787bb518.jpg

 
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