CAPITAL MARKETS

Incredible returns for new Predictive backers

Investors lucky enough to get the nod from Predictive Discovery to participate in a A$612,490 placement less than a week before assays for a new gold discovery in Guinea were reported have had the opportunity to enjoy incredible returns on their investment.

Predictive Discovery MD Paul Roberts (left) on the ground in West Africa

Predictive Discovery MD Paul Roberts (left) on the ground in West Africa

New shares that were issued in the placement at 0.5c each reached 8.5c today, representing a notional 1600% return. As per standard, the identity of the investors was undisclosed, with the junior saying...

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