Daily BriefsIndonesia

Daily Brief Indonesia: Amman Mineral Internasional and more

In today’s briefing:

  • Amman Mineral International IPO Trading – Looks Attractive with Ample Upside


Amman Mineral International IPO Trading – Looks Attractive with Ample Upside

By Ethan Aw

  • Amman Mineral Internasional (1416286D IJ) raised around US$714m in its Indonesian IPO.
  • Amman Mineral International (AMI) carries out exploration, development, mining, processing. The company operates an open pit copper and gold mine known as the Batu Hijau mine in Indonesia.
  • In this note, we will talk about the trading dynamics and valuation.

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