Bumi Resources Mineral (BRMS IJ): Ready to take off

Bumi Resources Mineral (BRMS IJ)
BUY / TP: IDR:165 (+18.7%)
Analyst: Research Team

Ready to take off
• Valuation to jump as mines to generate cash flow
• CPM gold production could reach 240k ounces
• GM possesses hidden treasure
• Two rounds of rights issues for financing