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Share Name | Share Symbol | Market | Stock Type |
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Emmerson Plc | EML | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.675 | 0.65 | 0.675 | 0.65 | 0.675 |
Industry Sector |
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NONEQUITY INVESTMENT INSTRUMENTS |
Top Posts |
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Posted at 06/12/2024 07:49 by tim000 Has EML stated clearly exactly what the Moroccan government has done that has broken a legal obligation? If not then why should investors trust them that they have such a strong case? The attitude here is that a victory is guaranteed and that a large payout to shareholders is near certain, though may take several years. I don’t believe that for a second. No sane government would trust such a major project of national significance to a bunch of unfunded chancers - hardly Anglo American etc. |
Posted at 06/12/2024 07:39 by tightfist Seeing the RNS, it's Surprisingly quiet here this morning: ".......we have presented our case to funders of potential arbitration claims and have received significant interest.""As we expected, the merits present extremely well with these litigation experts, and we are aiming to close our funding agreement as soon as we possibly can. Given the complete lack of engagement, we expect to request arbitration via ICSID.""A core group of investors, which were involved in the recent, successful, GreenX arbitration victory over the Polish Government, are taking up a position in this capital raise. These investors are well versed in international arbitration and have worked extensively with our legal counsel. They share our view on the strength of our case.".I hope this will serve to accelerate closure, however the life of the warrants (7 years) is a reality check. Is this a large enough case that Burford may consider taking it on - they have both deep pockets and tenacity - ask any Argentinian! |
Posted at 19/11/2024 07:29 by qsmeily456 From Nashers who always stated the ESIA would be granted, who invested £1000s and lost.....🐘What matters is the share price that's what investors bought into......and timeframes. The BOD and that 🐘 Yorkshire 🐓 need to apologise to all shareholders.....and take nothing in extra shares Take a basic admin salary Fight to get shareholders 10p ps minimum. And you Nash19 should hang your head in shame misleading many Apologise on this thread And donate all your shares to the other genuine losers🫨 |
Posted at 04/11/2024 08:48 by nash19 Your asking very stupid questions that most LT investors already know.Of course its the same acres and it's clear OCP submitted nothing for their approval.Research the law firm appointed here. Massive move into the stock by specialist arbitrage funds now betting on legal case. |
Posted at 02/11/2024 17:54 by laurence llewelyn binliner #Feotus, that would explain the direct move to arbitration/litigatiInteresting developments, see what happens between now an FY, not a whole lot we investors can do about it.. |
Posted at 02/11/2024 09:34 by laurence llewelyn binliner IF the Moroccan Gov are looking to deter or stop inward investment in its tracks, they have got the right strategy, clearly this cannot be aligned with opening up their economy to foreign investors to generate growth/tax revenues, OCP must be hugely influential being state owned, do they want a competitor sharing assets..?OCP will end up owning and/or mining Khemisset, it is just the means and compensation levels they use to get and keep it IMO.. IF we have been led down the garden path and rolled over, courts and arbitration are the way to recover invested losses and lost returns if mediation and common sense does not produce results.. We still do not know exactly why the CRI/CRUI have knocked back our ESIA a 2nd time after addressing every point and fault found in the 1st submission, has the company even found out or is it just a flat out no permit no matter what we do..? |
Posted at 01/11/2024 13:55 by laurence llewelyn binliner It would be questionable to raise and dilute down at or under a penny, if our II investors GQC/GSM believe in the process and the result they would/should advance us or take CLNs for USD1 or 2M to get us through the period of arbitration, the last ones / warrants were at 6 pence.. |
Posted at 01/11/2024 13:45 by apotheki and if it did come to pass it could be that the existing large investors support a PREMIUM fund raising! |
Posted at 01/11/2024 11:20 by wrecktangle All eyes on the penny going. Once it goes, which it will, this could go on to do 400%+ today. And I mean today only. Next week it could much further. Investors need to research and see the upside to this case. £2BILLION!! |
Posted at 28/9/2024 10:44 by laurence llewelyn binliner Hard to say on permitting but a lot higher than Fridays close, I hope/expect the BFS funding equity raise to be nearer 10 pence or we will end up with X Billion of shares and a consolidation ..The Companies issued share capital consists of 1,139,096,966 ordinary shares GSM own 20% so far FY2021 - 7 pence FY2022 - 6 pence Summer 2022 9.5 pence FY2023 - 1.5 pence FY2024 - ??? pence 08.04.2024 EML is pleased to announce that it has entered into a subscription agreement with GSM and GQC together the strategic investors, GSM will subscribe for USD2.0M new shares and GQC will subscribe for USD175K of new shares, at a placing price of 1.75 pence per share. The placing represents a discount of 16.4% to the companies 5-day VWAP of 2.09 pence. GSM has subscribed for 90,702,948 Shares and GQC has subscribed for 7,936,508 shares On completion of the Subscriptions, GSM and GQC will be beneficially interested in 20.30% and 2.64% respectively of the companies issued share capital. In addition, the strategic investors will receive a warrant to subscribe for new shares 1:1, the warrants have an exercise price of 3 pence and an expiry date of 31 December 2024. So these warrants could well be taken up IF the ESIA permit is approved and provide working capital for 2025.. :o) |
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