All Mining Services Limited ABN 15 008 177 901 (“AMS”), with offices in Sydney and the USA, has developed global channels for the supply and supply of an extensive range of mining and drilling equipment and services and accessories.
AMS started in a shed in Kalgoorlie 30 years ago and has grown during that time to now having a revenue of $220m, NPAT of $30m and 400 staff in many (client) locations in the world. The company has a strong management team and is looking to list on ASX in approx. 12 months time. AMS sees the logic of being on the PCP platform and ensuring everything is covered off before embarking on the IPO on ASX. AMS has acquisition targets in its sights and the IPO on ASX would most likely see a $25m capital raising.
In the meantime and on PCP, AMS will look to raising some equity from Followers and build a solid loyal spread within the register as a solid foundation to step on to the ASX.
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