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Jupiter Mines Limited

Jupiter Mines Ltd focused on continuing to deliver hefty dividends to investors

Priyank Thapliyal, chief executive of Jupiter Mines Limited (ASX:JMS), runs Proactive's Andrew Scott through the company's background including the de-listing and recent re-listing on the ASX.

''In April we listed the company back on the Australian Securities Exchange, we raised about A$240mln, it was a secondary sale, we now have about 60% of free float and I was told this was one of the biggest mining IPOs in the last 10 years on the ASX and perhaps even globally ... it was a phenomenal success ''.

Jupiter has a 50% stake in the Tshipi manganese asset in South Africa and Thapliyal says it continues to be one of the largest and lowest cost manganese exporters globally.

Quick facts: Jupiter Mines Limited

Price: $0.41

Market: ASX
Market Cap: $798.29 m
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Jupiter Mines continues to deliver strong investor returns from manganese

Jupiter Mines Ltd (ASX:JMS) chief executive officer and director Priyank Thapliyal tells Proactive Investors that the company is continuing to thrive in a dynamic manganese market, with positive financial returns, strong cash flow and dividends being returned to investors. The CEO also...

on 1/8/19

2 min read