Pictured: Predictive Managing Director Paul Roberts
A maiden gold resource at Kaninko, Guinea, by mid-2021 is the target for Predictive Discovery Ltd after announcing a placement and entitlements issue to raise $9 million.
“This fundraising is a transformational step-change for Predictive, setting us up for the largest drilling program in the company’s history…,” Predictive managing director Paul Roberts said.
Funds from the capital raising will be used to conduct 50,000m of drilling at Kaninko.
To read more on Predictive’s plans subscribe to Australia’s Paydirt – with more information in the May edition.