Emmerson Share Discussion Threads

[yasyas1] 27/7/2020 18:06

Me too same

[yasyas1] 27/7/2020 18:05

Yes new investor

[tomredman93] 27/7/2020 17:53

ApFindley, Brand new! Only a young but have had an interest in investing, stocks and shares etc... Working from home during COVID-19 have me the time I needed to research and understand more so that I could begin. Was going down the traditional large companies route due to market bottoming out, but ended up coming across EML and that’s where my money has been ever since!

[micky67] 27/7/2020 17:37

Money doing sweet F A in the bank and this opportunity arose and the figures and work streams completed to date looked like a sound investment so that’s my reason. Wasn't my first as new investor as made on Tullow Oil, Lamprell and SIG before throwing the lot including my bank account into this. Bought a share on Friday with a few hundred so that looks promising as they seem to have floored and seem to have new contracts in place.

[apfindley] 27/7/2020 17:13

There's a lot of people on the board who created accounts in 2020. Are you the covid bored-at-home influx, first time investors. Or everyone forgot their old account logins at the same time. Anyway, welcome to all the the 2020 investing arrivals who seem to have all chosen eml as their first stock to buy and then sit and monitor its daily movement.

[yasyas1] 27/7/2020 17:05

Well i m 15% down too sadly but hopefully things should only be up from here.

[cyberbub] 27/7/2020 13:23

Airbag EML is not a short term runner. You have to accept the short term weakness, either average down or just grit your teeth. It should rationally be much higher by Xmas, although as always there are no guarantees.Personally 10% down wouldn't trouble me at all, I was down 50% when it dropped to 2p a few months ago, I just held and topped up a little bit and it was back to 5p in no time.DYOR etc

[1airbag] 27/7/2020 13:01

This is my worst performing share, down over 10%.

I don't want to keep averaging down.

[sportbilly1976] 27/7/2020 12:57

airbag,

any consolation IG only quoting for 10k too, and normally they would quote for large amounts but price them accordingly (once could buy 7mln at 7p when spread was 5-5.1)

[1airbag] 27/7/2020 12:47

They are not offering many shares. I tried for more and had to drop all the way down to 10,000 before they priced it. I do wonder about the service harg lansdown are offering sometimes.

[micky67] 27/7/2020 11:23

Tom, actually at this price it won’t make much difference as just chef HL and it’s between 4.4 and 4.5 so still cheap. All depends if folks sit until tomorrow or not.

[tomredman93] 27/7/2020 11:13

Micky67, thanks for the explanation.

I think I’d missed the news about release Wednesday since I’ve been away so will be topping up where possible today!

Cheers.

[sportbilly1976] 27/7/2020 10:52

4.5p keenly being taken

[micky67] 27/7/2020 10:50

Tom, there’s a £1.72M fund raise hitting the market on Wednesday 29th so suggest you buy more tomorrow. This will move straight away. Big news expected Sept/Oct (or before) as all relevant to when the ESIA and Socio Impact Assessment applications are submitted to the government for mining licence approval. Once approval gained finance will be announced and we’ll be a happy bunch. However got a sneaky feeling they’ll announce something big after the raise people have their shares in the kitty. There appears to be a number of us long term. Good luck.

[qazwsxedc69] 27/7/2020 10:40

I assume the sellers here are chasing the huge rises we are selling in Gold and Silver miners.

I am expecting us to drift for a while yet. But maybe that's just me hoping, so I can continue to accumulate below 5p :-)

[tomredman93] 27/7/2020 10:34

Hi all, hope we are all well despite the weather.

I’m trying to keep up with all the postings, but unfortunately been away for a little while and not up to speed.

Does anyone have a rundown of what dates we can expect things to happen over the next days/weeks? (Eg: funding, permits).

Apologies if already posted.

I’m in for the long haul after reading and researching Emmerson on here, not much but 25k of shares. However, still learning!

Tom

[micky67] 27/7/2020 09:31

Everything sitting until Wednesday morning SB due the share issue price.

[sportbilly1976] 27/7/2020 08:58

hi all, back after a few days away....I don't appear to have missed much

still looks like we have a seller / placee churn to shift through.

ESIA / funding ongoing in the background and with PMs roaring and pharmas still de mode we might get some rainbow chasers flipping across.

[clark5256] 25/7/2020 11:55

I missed this yesterday good to see HL still fronting things https://youtu.be/73Ra_vL_gCE

[micky67] 23/7/2020 19:40

Getrich, I reckon this is the main reason that EML are doing the SoP FS just now. Maybe a crucial part of any proposed deal with OCP either for off-take / full construction funding or full buy-out of the completed approved and engineered project. Who knows other than HL and the board.
As you say let’s just wait until the next news feed arrives as no point in folks squabbling and falling out when we’re all in here to hope the process stages are completed by the EML teams.

[trying2getrichquick] 23/7/2020 19:01

Let’s all just wait for the next RNS, or we will all just be going over old news, over and over. I’m in deep, like many of you, but it’s no good hypothesising all of the time. Let’s all come back to the board on new news.

[micky67] 23/7/2020 11:48

Looking further ahead, there are probably four or five different ways of financing the project into production. Importantly, Emmerson has a board which are not strangers to raising such finance. In all, management has raised more than US$600 million for junior mining companies, of which more than US$400 million has been raised for potash projects.

Besides traditional solutions, Khemisset could attract strategic interest when the project has been fully designed. There is a potential strategic buyer for Emmerson called OCP which is based in northern Morocco. OCP has firm supplies of N and P to blend to create NPK fertilisers but does not have control over the K (potassium/potash) which it currently imports from Russia and the Dead Sea (Arab Potash in Jordan and Israel Chemicals). The more you look at this situation, the more obvious it becomes that the Khemisset Potash Project could prove to be the missing piece in the jigsaw.

[micky67] 23/7/2020 11:39

Morocco’s Office Cherifien des Phosphates (OCP), the world’s largest phosphate exporter, is closely watching events at MSL's Khemisset Potash Project. MSL, a rabat-based but BVI-registered company, is focussed on developing the Khemisset potash project located in northern Morocco. The company is the fully-owned subsidiary of London-listed Emmerson Group. OCP, which is 95 per cent state-owned, is hoping to increase its fertiliser production to 16m tonnes by 2020. Mustapha El Ouafi, managing director of OCP Group commented...."

[micky67] 23/7/2020 11:31

Sorry boys. Just found this. This was before the last FS.

Emmerson is banking on Khemisset to attract the interest of OCP, the world’s largest phosphate rock producer, to ensure solid returns after its absence from the bourse, Chief Executive Officer Hayden Locke said in an interview.

“OCP is the clear potential customer for us,” Locke said. “They control the phosphates. What they don’t control is the K,” he said, referring to the symbol for potash.

OCP has a “good relationship” with Abu Dhabi National Oil Corp., the state oil producer which has access to nitrogen, he said, adding that Emmerson plans to start output at Khemisset in mid-2022 with production reaching 700,000 to 1 million metric tons a year over 20 years.

Potash, phosphate rock and nitrogen are the three nutrients that are crucial for the health of crops. The market is dominated by just a handful of companies and a reduction of mine capacity helped to support prices last year.

Emmerson will invest $200 million to $300 million on the Khemisset mine project after construction begins, Locke said.

[apfindley] 23/7/2020 10:54

I'm inclined to start thinking there's something in haydens tweet, ref deacons post. Whether the trr link relates to eml or not, it shows that Hayden is possibly open to royalty funding. The first hope is a single offtake funder (but surely even royalty is acceptable) , however, a number of smaller funders is not a bad concept either as it would spread the risk of any single party not following through with their commitment.