Predictive Discovery (PDI) Q2 2026 TU earnings summary

Executive summary

• Announced merger with Robex Resources, approved by Robex shareholders and Québec Superior Court, expected to complete in Q1 2026.

• Combined entity to become a leading West African gold producer, targeting over 400kozpa Au by 2029 and 9.5Moz Au in Mineral Resources.

• Bankan Gold Project in Guinea advancing toward final investment decision and awaiting Exploitation Permit sign-off.

Financial highlights

• Cash balance of A$43.0m and no debt as of 31 December 2025.

• Net cash used in operating activities was A$3.7m for the quarter, including A$2.2m in legal costs and A$2.3m in corporate overheads and wages.

• Exploration and evaluation expenditure totaled A$4.6m for the quarter.

• Property, plant, and equipment costs of A$6.2m paid for early works and site infrastructure.

• Estimated 2.9 quarters of funding available at current expenditure rates.

Outlook and guidance

• Merger completion with Robex expected in Q1 2026, with integration and collaboration on Bankan Project execution.

• Final investment decision for Bankan Project targeted for Q2 2026.

• Continued engagement with financiers for Bankan construction funding.

• Ongoing dialogue with Guinean government for Exploitation Permit issuance.