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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Emmerson Plc | EML | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.95 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.95 | 1.95 | 1.95 | 1.95 | 1.95 |
| Industry Sector |
|---|
| NONEQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 01/5/2025 09:31 by allinforabigprofit Good RNS, sets out clearly what we shareholders need to know. Sit back and various civil servants of Morocco are about to get a two year roasting. EML, have funds to carry this through. |
Posted at 17/3/2025 08:23 by allinforabigprofit Drawdown on the litigation fund confirmed. EML, is now in litigation Government of Morocco. We should note that the government didn't block the project that came from the regional government. |
Posted at 10/3/2025 09:42 by allinforabigprofit If we take the regional gov on its word they have stated they don't have the legislation to review the reviewed decision from central gov of Morocco? Optimum way forward is that EML, gain the permit. |
Posted at 08/3/2025 19:16 by cyberbub PS a settlement of 12p would surely have minimal tax to pay after all the tax losses over the years. Tax-free could even be a condition for EML to walk away. |
Posted at 08/3/2025 19:14 by cyberbub I've said my own view is that a settlement of 20p max per share might be realistically achievable after 2 or 3 years of litigation, perhaps a bit more if we're lucky. Given the reputational risks and the opportunity cost for OCP, but also the risk for EML as nothing is guaranteed and the lawyers bills will start racking up, if the Moroccan govt made an out-of-court settlement today of 12p and Burford's and legal fees ended up quite modest, so EML got 11p net, I think they'd be foolish not to take it and walk away.For that price the new KMP patents should *not* be included - they have significant long term value.Return 8-9p to shareholders and keep the rest to invest in new projects. They could even licence the patents globally and make a very decent income stream.Just my view. |
Posted at 08/3/2025 15:13 by ham74 EML RNS January 2nd mentioned USD 11 million. So did Burford disclosure. What are the chances of another dispute in Africa involving exactly USD 11 million litigation funding?(I posted this earlier today including a paste of the RNS but it did not appear. |
Posted at 06/3/2025 12:20 by foetus in your brain 93% of the cases Bur take on are "winners". However, a winner could simply mean that Burford don't end up out of pocket. It doesn't necessarily mean that EML will walk away with millions. What we can say though is that there is a chance we get a sudden RNS that this matter has been settled. We don't know when or for how much, just that if the matter does not go all the way to arbitration it is unlikely that we will ever get notice of an incoming settlement.There won't be any opportunity to trade the result. It's a binary outcome. |
Posted at 04/3/2025 14:47 by cyberbub Indeed, but I think anyone hoping for compensation of $2.2bn (or $1bn or even $500m for that matter) is kidding themselves. I said 10p as a minimum, I think 20p is a maximum personally. Somewhere in between is likely. Hopefully Burford are engaged in negotiations with Moroccan govt lawyers as we speak, to discuss an amicable settlement without going to court. I would think if they offered 15p in the short term for EML to walk away, that would be hard to turn down. Perhaps 20p if the company throws in the latest patents on processing.Of course who knows, if the govt reject an out-of-court settlement, they're risking an eventual Quantum being even higher than that. And Burford must have high confidence if they've funded it.In any case, any figure is a multibagger from 1.5p! |
Posted at 30/1/2025 17:27 by cyberbub What do people with experience/knowledge of these things think is a realistic minimum amount that EML could win, assuming a pre-tribunal settlement by the Moroccan government who will want the matter resolved quietly to avoid embarrassment and lost time for OCP?The larger of (a) the Singaporeans' average share price and double it, and (b) total amount invested by EML and double it, would be my very finger-in-the air guess.I'm watching here, took a massive hit 3 months ago but I do see the possibility of a good outcome for the patient. |
Posted at 04/11/2024 11:30 by pwhite73 cyberbub - "PWhite you've been posting on EML for years. Do you not know that OCP's acreage is next to/surrounding Emerson's?"I believe my first post ever on EML was last week but more than happy to be proven wrong. That the OCP acreage is next to EML is irrelevant. As far as I'm aware EML acreage has not been handed to OCP. At the moment EML are stuck at the ESIA stage. This hurdle needs to be cleared first. If the Moroccan government are requiring ESIA standards from EML and not from home grown competitors then they may have a case. |
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