In today’s briefing:
- Amman Mineral International Lockup Expiry – Large Lockup Expiry, Sitting on Sizeable Profits
Amman Mineral International Lockup Expiry – Large Lockup Expiry, Sitting on Sizeable Profits
- Amman Mineral Internasional (AMMN IJ) raised around US$714m in its Indonesia IPO, after pricing the deal at IDR1,695/share. Its eight-month lockup will expire on 21st Feb 2024.
- Amman Mineral International (AMI) carries out exploration, development, mining, and 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 lock-up dynamics and updates since our last note.
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