"The mandatory mining divestment rules require foreign owned mining companies to divest their shares in stages to Indonesian Participants commencing after 5 years of production. The timeline requires that companies divest at least 20% of their shares after 6 years, 30% after 7 years, 37% after 8 years, 44% after 9 years and 51% after 10 years."
Pak stands to gain way more than 10%
GMC Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held
