Emmerson Share Discussion Threads

[mad foetus] 02/12/2020 10:28

https://twitter.com/emmerson_plc/status/1334076096187412480?s=21

[cyberbub] 01/12/2020 23:29

I will admit that I took a handful off the table in the last couple of weeks, at around breakeven. Not because I had/have any particular doubts about EML long term, but just to rebalance a little bit as I decided I was top heavy. Still hold just under 0.5% of the shares, and am not selling any more until we're (hopefully!!) well over 10p. There should be some good newsflow as we enter the new year IMO, and possibly before.GLA NAI

[gateside] 01/12/2020 21:18

Plan on building a decent holding, but doubt it'll be enough to move the market though!Suprisingly weak today. Anything sub 5p looks excellent value.

[donald pond] 01/12/2020 06:32

I'm not sure. I think there is a chance of a surprise announcement some time. I doubt it will be the debt financing, but a strategic partner with a significant offtake is a possibility. That would then make the financing much easier too, and with commodities strong at the moment could be a good deal for the offtaker too.

[dreambig295] 30/11/2020 23:17

Love the story here and it looks like a fantastic long term opportunity. Can’t see much changing this side of Christmas though.

[cottoner] 28/11/2020 12:47

On the 6th Oct 2020 Hayden Locke tweeted the following: K+S has sold its salt business (mostly de-icing) for 12.5x EBITDA. @emmerson_plc has an amazing salt by-product stream that, based on this metric, is worth nearly half a billion dollars, just the salt! Look forward to finding the right strategic partner and building the projects! ---------------------------------------------------- In EML's Half-Year Report The FS confirmed both the technical and economic viability of the sale of 1Mtpa of salt by-product produced from Khemisset. The Project produces, on average, a total of approximately 4.5Mtpa of salt by-product over the life of the mine. As a result, there is clear potential for significant increases in the tonnages of salt which could be sold into the US de-icing salt market. As the salt at Khemisset is a by-product of potash production, the operating cost associated with its production is very low and Emmerson is, therefore, expected to be a very competitive producer on a delivered cost basis to the US market. ====================================================== Hoping that EML release an RNS in the coming weeks with further information wrt the Salt by-product produced by the project.

[sportbilly1976] 27/11/2020 13:02

https://twitter.com/UKInvestorMAG/status/1332293096919351298 We're pleased to announce Graham Clarke will be presenting at the UK Investor Magazine Virtual Investor Conference - 15th December 2020. Register now to hear the latest actionable investment ideas and insight on the key factors driving portfolio returns. Let's hope he has something extra to comment on and talk about :)

[donald pond] 26/11/2020 21:58

Chartwise it could be making a huge cup and handle, needs to get to 6p first though...come on, Fridays are usually good...

[apfindley] 26/11/2020 21:48

The first of any terms we want to be hearing is regarding debt financing being at the final stages of being secured, subject to permit being granted.After that large portion is secured , only then should we be entertaining other patial providers.With such a compelling mining proposition here, EML should be fully in control of negotiations, not the vulturus parasites who lesser companies too often entertain.

[cyberbub] 26/11/2020 19:38

Someone must be buying. I wonder if it's Mr Gateside who posted a few days ago?Funding news next week perhaps? Of course it won't be definitive until we get the mining licence but it could be a 'heads of terms'.

[1airbag] 26/11/2020 18:05

the sideways motion now for 5 months has become quite nauseating but heh got to be in it to win it. It isn't a share to trade in and out of either because the spread is too high. Sit and be patient is the best play IMHO.

[sportbilly1976] 26/11/2020 17:09

Need to break the 4.5p - 5.0p range decisively

[1airbag] 26/11/2020 14:18

The new mosaic symbol is an homage to Moroccan Mosaics. I like it.

[cyberbub] 26/11/2020 13:56

More encouraging volume... Will we actually break above 5p this time? Sigh.

[bazildonbond] 26/11/2020 11:37

That's just not a new Logo it's an M&S Logo!

[sportbilly1976] 26/11/2020 10:18

UK Investor Magazine @UKInvestorMAG · 2h We are delighted to announce that @emmerson_plc will be presenting at the UK Investor Magazine Virtual Investor Conference - 15th December 2020. Register now for your free spot:

[donald pond] 26/11/2020 09:30

New branding. Nothing vital, but a sign of progress. I think this is going to end very well.

[mad foetus] 26/11/2020 08:24

I really think there is a quiet accumulator about. Let's see how today pans out

[donald pond] 25/11/2020 12:08

More volume today, interesting

[cyberbub] 24/11/2020 21:50

There's noticeably growing volume over the last few sessions... Is something brewing on the news front? I can't imagine that it's permit news yet, so (if there is in fact news incoming) I can only assume it's related to funding?

[lendmeafiver] 24/11/2020 00:30

Agree, at the moment people are chasing what’s hot this week, our time will come in my view, Q1 21 will be interesting I think.

[mad foetus] 23/11/2020 15:59

Price action here is totally bogusAll you can do is sit and wait, value here isn't going away

[cyberbub] 23/11/2020 13:43

Does it say they got 100% debt funding??

[apfindley] 23/11/2020 13:02

Just a reminder that debt funding is starting to flow for good projects.Take the chariot rns from 28th October (below).Their expected capex for the initial stages of field development is in the region of 300-500mill which is similar ammount to emmerson, and also in Morocco.Considering they are an oil/gas company which carries more risk (even after discovery and flow testing) and resource size and extractability cant be as guaranteed as dry assets like with mining...then surely a potash project such as emmersons could easily nail the full capex requirement as debt also.---------------"Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused energy company, is pleased to announce that it has received a non-binding Expression of Interest Letter ("EOI") from Africa Finance Corporation ("AFC"), a pan-African Multilateral Development Financial Institution, for the provision of development debt finance for the Anchois Gas Discovery, located within the Lixus Offshore Licence, Morocco ("Lixus"), and the development of future discoveries from the wider prospect portfolio of the Licence.In addition, Chariot has received a non-binding EOI for the provision of Reserves Base Lending for the development of the Anchois Gas Discovery with a Multinational Investment Bank.Both EOI's take into account the estimated capex required to bring the development online, anticipated to be in the region of US$300-500 million, but they also identify Lixus as being an important strategic asset, with strong Environmental, Social and Governance ("ESG") credentials, that has the potential to help Morocco transition to a low carbon economy, as it seeks to satisfy an anticipated doubling in domestic demand for energy over the next 20 years."--------------