PDI aims to deliver long-term sustainable returns for shareholders

Investment Case

PDI aims to deliver long-term sustainable returns for shareholders through the development of the Bankan Gold Project and exploration and possible development of other assets within Guinea.

Largest gold discovery in West Africa in more than a decade, with a 4.2Moz Mineral Resource defined to date at NEB and BC

Significant upside potential to the NEB Mineral Resource, with high grade intercepts 375m down-plunge of the optimised pit shell

BC deposit open in all directions

Significant regional exploration potential across PDI’s 356km2 of exploration permits, which contains a 35km-long gold bearing super structure

Highly experienced Board and Management team have developed and operated numerous gold mines in Africa, including in Guinea

Guinea is an established mining address, with significant production of bauxite and gold. PDI has the full backing of Guinean government

Well-funded and a supportive shareholder base, following completion of a A$55m oversubscribed equity raising in mid-2022

Straightforward and simple metallurgy

Well positioned to become Guinea’s largest gold producer within 5 years

Share price & Information

Broker research

PDI is covered by the investment firms and research analysts listed here. These details are provided for information purposes only — we do not distribute research reports — and investors wishing to receive copies of the reports may contact the research analysts directly.

Please note that any opinions, estimates, forecasts or predictions regarding the prior or future performance of PDI made by these analysts are theirs alone and do not represent the opinions, estimates, forecasts or predictions of PDI or its management. PDI does not by reference below or distribution imply its endorsement of or concurrence with such information, conclusions, or recommendations.

Firm

Analyst

Email Address

Sprott Capital Partners

Brock Salier

BSalier@sprott.com

Argonaut

Royce Haese

rhaese@argonaut.com

Canaccord Genuity

Paul Howard

phoward@cgf.com

Liberum

Yuen Low

yuen.low@liberum.com

Stifel

Alex Topouzoglou

alex.topouzoglou@stifel.com

Euroz Hartleys

Mike Millikan

mmillikan@eurozhartleys.com

Last updated: 7 Dec 2022
This list may not be complete and may change as firms initiate or withdraw coverage.

Corporate governance

PDI is committed to conduct the company’s business ethically and in a way that is open and accountable to shareholders and the marketplace. The Board of Directors of PDI are responsible for monitoring the business undertakings of the Company and protecting the rights and interests of shareholders. High standards of corporate governance are considered essential to give effect to these responsibilities.

PDI’s corporate governance policies are set and reviewed from time to time by the Board having regard to any changing circumstances of the industry, Company and the best interests of shareholders. Accordingly, the Company has, where appropriate, sought to adopt the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (the ‘Principles’).

The corporate governance principles and practices adopted by PDI may differ from those set out in the ASX Recommendations where the Board considers that adherence is not appropriate, having regard to the nature, complexity and size of the Company’s business.

Our approach is informed by the World Gold Council’s Responsible Gold Mining Principles.

2022 Annual Report

Corporate Governance Statement

Corporate Governance Council Principles and Recommendations

Board Skills Matrix

Board Charter

Audit Committee Charter

Code of Conduct

Anti Bribery and Anti Corruption Policy

Continuous Disclosure Policy

Diversity Policy

Human Resource Policy

Share Trading Policy

Whistleblower Policy

Statement of Values

Investor calendar

Please refer to the table below for indicative timing of PDI’s key upcoming periodic events and releases.
Please note that these dates are subject to change.

Corporate directory

Directors
Mr Simon Jackson
Non-Executive Chairman (Independent)
Mr Andrew Pardey
Managing Director
Mr Steven Michael
Non-Executive Director (Independent)
Ms Sandra Bates
Non-Executive Director (Independent)

Investor enquiries
Brad Milne
Corporate Development Manager
E brad.milne@predictivediscovery.com
T +61 8 9216 1000

Media enquiries
Bobby Morse/George Cleary
Buchanan
E predictive@buchanan.uk.com
T +44 (0) 20 7466 5000

Share registry
Link Market Services Limited
Level 4, 152 St Georges Terrace
PERTH WA 6000
E info@linkmarketservices.com.au
T +61 8 9211 6670

ASX code
PDI

Postal address
PO Box 1710
WEST PERTH WA 6872

Registered Office
Suite 8, 110 Hay Street
SUBIACO WA 6008
E info@predictivediscovery.com
T +61 8 9216 1000

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For investors

Investment Case