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EML Emmerson Plc

1.65
-0.10 (-5.71%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Emmerson Plc EML London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.10 -5.71% 1.65 14:14:27
Open Price Low Price High Price Close Price Previous Close
1.75 1.65 1.75 1.65 1.75
more quote information »
Industry Sector
NONEQUITY INVESTMENT INSTRUMENTS

Emmerson EML Dividends History

No dividends issued between 27 Jul 2014 and 27 Jul 2024

Top Dividend Posts

Top Posts
Posted at 21/5/2024 11:28 by paulscb
EML 2024 wages placing is being spent nicely day by day. Next one at 1p
Posted at 21/5/2024 11:12 by nash19
It's definitely a farce but very consistent in Morocco. More importantly though the central government have approved this. Local now need to and when the pressure comes on ( EML will be v close to applying this now as timing runs out on a reasonable response time) they will approve. This will be approved. Morocco has jammed itself as its already approved the OCP permit and anything less is a flagrant violation of its UK / Morocco trade terms. Watch this space.
Posted at 18/5/2024 07:41 by qsmeily456
Bin liners a complete 🐘🐓

Good post 462...

And there in lies the issues.

EML BOD are nieve. Where EML are I predicted at the outset.

Like it or not we all know how it works in countries like this. Unless someone at the very top is benefitting it's dead in the water.

Of course it's wonderful sentiment about helping the poor Moroccan people
.....unfortunately the world is not like that.

The people who run EML need to wake up and smell the coffee, cut a deal and accept that's life, sad though that is 🫨

As for you PIs well stupid is as stupid does 🫨u🤡🤡
Posted at 30/4/2024 08:25 by nash19
It's a striking time for EML. I can't see beyond June for the permit now that central government have agreed it.What happens then, Asians own 25% - big money and big muscle.
Posted at 29/4/2024 09:10 by allinforabigprofit
No hint when the regional government reexamine EML's proposal? Staggeringly obvious that a select few are hostile to creation jobs and a new town and an increase in significant funds overall Moroccan people. There is surely no more EML could do to improve the project?
Posted at 08/4/2024 08:44 by nash19
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.
Posted at 12/3/2024 09:18 by nash19
The upside risk is now massive. I expect this to be approved by June and I'd not rule out a swift determination on what's next for EML after.
Posted at 28/1/2024 21:56 by nash19
And we were told the delay was this committee being scheduled. If its scheduled, has met and did nothing on EML. Imo thats negative.Its already 3rd world shambolic bullsh1t that the morrocans have approved OCP ESIA 2 years agao and found no way thru for EML. When it walks like a duck, quacks like a duck and kicks you in the face repeatedly like a duck...its a duck.
Posted at 27/1/2024 21:16 by nash19
Now this is v interesting. Its fauroy binary - if EML on this list 5p+ next week.If its nit turn off the lights. EmL better be ready wuth RNS.
Posted at 25/5/2023 12:50 by apotheki
The share price is basically immaterial in this context, the MC is the Numero Uno. HFR MC is c £120, EML is currently £50M, so on a 'one size fits' all basis EML's MC after EISA should be 120/50 x share price or c 2.5 x. So 4.8 x 2.5 = 12p. A more realistc basis to judge the MC of both cos is to look at possible EBITDA on full operational output tonnages.

If we use $300 pt as a guide figure, and outputs at both mines is 1M t pa.

HFR Cash cost pt is $91pt, Sale value is $300pt., so contribution to profit is 300 - 91 = 209. x 1M = $209M contribution. This is effectively EBITDA ( Earnings Before Interest, Tax, Depreciation, Amortisation costs.) If we consider an 'average Price/ Earnings ratio (P/E) of 15;1, the MC of HFR would be 15 x 209 = $3.14B. Divided by no of shares in issue 390M gives share price of $8.00, or c 12 $A. ( £6.40)HFR is up 10% today and trading at 0.619 $a. So upside is 20X.

Similarly for EML using C1 of $50 pt ( GW62 figure), MC would be 250 x 1M = 250M x 15 = 3.75$B, divide by No of shares, approx 1B, gives share price of $3.75 or £3,00 ( ExR = 1.25 $;£) so upside for EML is 60X.

Reason for high discrepancy in return on investment from now, 60X cf 20X is the high difference in current share price of both cos. EML 5p HFR 0.6A$ = c 31p.

It should also be noted EML gas !B shares in Issue, HFR has 390M.

For investment purposes EML appears to be the better gamble, but HFR has all the approvals to construct a working mine. EML, and this is Breaking News, does not. To quantify the risk assessment between EML and HFR , it's 60/20 =3.

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