Emmerson Share Discussion Threads

[nash19] 18/4/2024 14:00

Moroccan insiders up to tricks I'd suspect.

[laurence llewelyn binliner] 18/4/2024 09:19

Interesting move up here, do we know if our ESIA application has been updated yet, and/or submitted for consideration..?

[apotheki] 18/4/2024 09:15

and [so far] again this morning

[apotheki] 17/4/2024 18:00

From around 1.00 p.m. onwards

[fightingdata642] 10/4/2024 16:14

Is this just me or are we seeing progress on the ground here? Looks like decline maybe? Thoughts welcome.

maps.app.goo.gl/GQy3NuUuFk4nNrvs9 - PS you'll have to switch to the satellite layer of google maps to see it

[qsmeily456] 10/4/2024 08:35

And there you have it....dilution 🤣

Directors rewarding their 💩 appaulling performance.

And still you lot invest here....stupid is as stupid does 🫨

Ignore those rampers like bin liner 👧 couldn't even predict Christmas 🤣🤣🤣

QsmeIly456

31 Mar '24 - 20:19 - 9743 of 9760 Edit
0 1 0
👧 talking 💩. Different product and markets.

Sure dilution is inevitable unlike the ESIA 🤣

[amt] 10/4/2024 08:02

Thanks ap, not too bad

[apfindley] 09/4/2024 11:35

Youre getting your dollars and pounds mingled.There were around 1bn shares.They raised:91mill shares+ 8mill shares+ 11mill shares (retail est.).Giving additional 110m sharesI make that about 11% dilution, not 20%

[laurence llewelyn binliner] 09/4/2024 08:41

The REX Retail Offer was significantly oversubscribed, and demand has therefore been scaled back to the previously set maximum of GBP240,000..

GSM will subscribe for USD2.0M of new shares
GQC will subscribe for USD175K of new shares

[amt] 09/4/2024 08:01

So how much did they raise in the end, was it 4m giving about 20% dilution.

[paulscb] 08/4/2024 17:35

Another raise to cover their luncheon money for 2024. What a complete scam. Directors' fees (note 4) 601 Travel and accommodation 99 Auditor's remuneration 48 Employment costs 627 Professional and consultancy fees 715 Other costs 491 Administrative expenses 2,581

[yasyas1] 08/4/2024 15:59

Oh dear would have topped up to av down but missed timing!

[ferrisc] 08/4/2024 14:50

Mine, HL, emailed me at 12:31 to let me know I had a secure message which told me the closing time for applications through them was 12:30. :-)

[fightingdata642] 08/4/2024 14:42

My broker (Jarvis) didn't even participate and have a huge number of shares held for retail investors. Really disappointed by this.

[ptolemy] 08/4/2024 12:31

"Bear in mind this Retail Offer will close no later than 11am today" A.J. Bell

Other brokers are quoting a closing time of 1:00pm. Still too tight a timetable for many....

[apfindley] 08/4/2024 10:17

20% ??Did you skive off maths at school?

[amt] 08/4/2024 09:42

20% dilution. Why they need so much money is a mystery to.me.

[laurence llewelyn binliner] 08/4/2024 08:55

New ESIA submission in the coming days, as for the turnaround time to a decision, could we be looking at another year or maybe 2, based on the time it took the last one ..?

Continued II support today has us backed/funded into 2025 for starters..

When we get permitted, and look to raise USD500M the capital structure will look very different, debt/equity (60/40 or 70/30), CLNs, warrants and an equity consolidation after the lot, trying to put a price on the shares is impossible until we know how many there will be, all we can say is that the value will be many times what it is now..

So what multiple would be sensible to use for a valuation from todays share price to a working mine spinning off the expected cashflows from Khemmiset..?

8/10 pence after the ESIA comes in for starters..?

2024 ESIA
2025 BFS and fund raise
2026/27 mine build
28/29/30 debt payback
2031/32 dividends..?

[nash19] 08/4/2024 08:44

No harm get this behind us and have EML not be or be seen to be light in resources heading into critical period with Permit.I took a 5 digit lump of the raise via broker.

[crankylad] 08/4/2024 08:03

Ohhh FFS!!!

Just burnt my toast..

[laurence llewelyn binliner] 08/4/2024 07:23

Placing, 1.75 pence, II and retail, we are moving forward, but expect the share price to hit the placing price today..

[qsmeily456] 03/4/2024 16:47

This pile is as vulnerable without any ESIA and another cash raise inevitable 😃

[apfindley] 01/4/2024 17:37

Bit of a clueless posting really Mabel.The debt financing will be the largest share of capex here, so the equity dilution will be nowhere near what some will try to predict.As for comparing to horizonte, their downfall was that they had already raised capital for their project, then they messed up and had massive budget overruns through poor management of finances...and THAT is where they were torn apart by the vultures who saw hzm were vulnerable and desperate for money, not only to complete their project build, but also to start paying back their debts and to satisfy the payables they had already accrued which they had no money to pay for.That will unlikely be mirrored here, as we haven't started yet, and likely won't jump into a hole before se using the necessary funding.Education and research wouldn't do you any harm.

[qsmeily456] 31/3/2024 20:19

👧 talking 💩. Different product and markets.

Sure dilution is inevitable unlike the ESIA 🤣

[ham74] 31/3/2024 17:11

I am not sure about reading through from Horizonte to Emmerson.

Horizonte is nickel in Brazil.

Emmerson is fertilisers in Morocco.

But I keep an open mind - can you explain more?