PDI Gold (PDI) H2 2025 earnings summary

Executive summary

• Advanced Bankan Gold Project in Guinea, achieving key milestones: DFS completion, ESIA approval, and nearing Exploitation Permit grant.

• Raised A$69m via strategic placement to Lundin Family and Zijin Mining, strengthening financial position.

• Announced merger with Robex Resources Inc. post-FY25, creating a leading West African gold producer.

• Delivered 120% shareholder return, with share price rising from A$0.175 to A$0.385.

Financial highlights

• Net loss for FY25: $13.0m (FY24: $8.7m), mainly due to exploration and admin costs.

• Cash and term deposits at year-end: $69.2m (FY24: $52.4m).

• Net assets increased to $228.6m (FY24: $169.9m), driven by capital raising and exploration investment.

• No dividends declared or paid.

Outlook and guidance

• Targeting final investment decision and construction commencement for Bankan in late FY26.

• Merger with Robex to provide operational synergies and funding flexibility.

• Continued focus on advancing permitting, early works, and exploration for resource growth.