Predictive Discovery (PDI) H1 2026 earnings summary

Executive summary

• Report covers the half-year ended 31 December 2025, focusing on the Bankan Gold Project in Guinea and a merger with Robex Resources Inc.

• The merger aims to create a mid-tier West African gold producer, combining assets in Guinea and Mali, with expected production over 400kozpa by 2029.

• Execution readiness for Bankan advanced, including engineering, design, and environmental workstreams.

• Funding strategy for Bankan's construction is evolving, with strong gold prices and the Robex merger expected to reduce external funding needs.

Financial highlights

• Net loss after tax for the half-year was $12,884,912, compared to $7,853,798 for the same period last year.

• Total comprehensive loss was $16,897,325, compared to a profit of $1,014,133 in the prior period.

• Cash and term deposits at 31 December 2025 were $42,982,776.

• Exploration expenditure capitalized increased to $164,896,244 from $159,565,524 at 30 June 2025.

• Net assets at period end were $214,019,021, down from $228,637,263 at 30 June 2025.

Outlook and guidance

• Merger with Robex expected to close in Q1 2026, pending final government consents.

• Combined entity targets over 400kozpa gold production by 2029, leveraging Robex’s operational cash flows and development expertise.

• Further execution-readiness actions for Bankan to commence post-merger and permit award.