Predictive Discovery to Continue Talks With Potential Financiers in March Quarter for Guinea Project Development

MT Newswires Live

01/29

Predictive Discovery (ASX:PDI) said that it will continue discussions with potential financiers for the development of its Bankan gold project in Guinea during the March quarter, according to a Thursday filing with the Australian bourse.

The company expects its upcoming merger with Robex Resources (ASX:RXR), along with strong gold prices, to materially reduce the external funding needed for the project, the filing said.

Shares of Predictive Discovery fell nearly 2% in recent Thursday trade, while those of Robex Resources shed about 3%.

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