Emmerson Share Discussion Threads

[lew82] 05/8/2020 13:11

I'm in for the long haul, Micky should be on the EML payroll for his calming influence lol. I think the project is an absolute no brainer... my fear is with the current economic climate & how much venture capital is left to be invested.

[kcaco] 05/8/2020 12:53

I always got the impression ( my own gut feeling and sentiment ) that having listened to HL on the live shareholder meeting in June that a lot of the financing and funding may of already been close to being in the bag or on the table with various options ( all IMO) .. Why they would put shareholders through this though is no ones guess . Maybe it’s the production side , planning and logistics of planning on building a mine that is slowing this a bit . Maybe that’s why as GC was brought in from SXx It makes sense . I hope all on the board at Emmerson are on it as we are . It’s a good thing I’ve already lost my hair . My beard is going greyer though .

[micky67] 05/8/2020 12:50

Lew / YasYas, just chill out and relax as GC and HL will be tying everything in to align with the new FS once GC confirms they can access most of the awkward middle section of the site. They will be adding in the SoP project too so will need to incorporate that into the documents.
Got a feeling the NPV will then be well over $2 Billion and everyone including the institutions will appear in no time as this will be an extremely lucrative business in due course.
The salt alone will pay the finance off in jig time so it will all be fine. Mark Connolly, Robert Wrixon, HL, GC and PC have done this all before so just takes time to get everything sorted out. Thankfully we’re nearing the good bits as they’ve been on this for over 4 years now. 👍

[lew82] 05/8/2020 12:27

I was hoping that as the project is de-risked the share price would reflect this & those of us whom have shown support early doors would be rewarded. The reality appears that until funding is locked down the share price isn't going anywhere.

[lew82] 05/8/2020 12:17

I don't need another sound bite from Hayden, with respect that time has passed. What we need to know specifically is what work is left to complete on the environmental study & are we still on plan with time lines.

[yasyas1] 05/8/2020 12:11

Maybe we should email them or didnt someone phone them before from this chat

[yasyas1] 05/8/2020 12:11

And the enviromental permit

[lew82] 05/8/2020 11:37

Its in free fall at the moment, feels like its being driven down again by the mm's in the absence of any news good or bad. I'm staying the course but it is hard at times like this. World needs more food & more potash long term, the numbers stack up, just need that finance!!!

[micky67] 05/8/2020 11:36

KCACO, the figures add up so just case of waiting on everything to come to fruition. No gain without pain as they say. I’ve said all along this is a mid to long term investment and think there will be forthcoming news to confirm something is in the pipeline re full off-take and hopefully ESIA and stakeholder consultations being completed. In a month or two we’ll be sitting wondering what all the fuss was about. I still also maintain that the board wouldn’t have taken on a mine engineer if they didn’t have provisional offers of debt finance in place.
Noticed there have been a few tweets from EML recently mentioning Africa / South Africa and also “local” demand so maybe something happening now.
Obviously excallance was right as there were some stormers over the last couple of weeks so a lot of big movers. This will be too on major news so just sitting tight. 🤞

[kcaco] 05/8/2020 11:23

Either on here or LSE . I did say a while back that if this is a long term project people could leave this alone for a while and then come back to it as there will be entry levels( share price wise ) at many stages of the company’s progression . On production stages and forthcoming news there will be buying opportunities.My levels of market knowledge are basic though , and I don’t mind admitting that . My current position is on a par with YASYas I’d say . I’m not looking . We need some Micky magic and Micky belief . I don’t think the board will let this get too bad .. will they Micky ???

[highly geared] 05/8/2020 11:07

I got stopped out at 25% loss this morning. Better places for money in the short term. Long term a great prospect, will be back.

[stepea] 05/8/2020 11:00

Got 1.5 mil shares and down 20% ...fundamentals still the same .so no need to panic until they change ( which they shouldn't) if we all knew where the bottom was trading would be so much simpler lol ...in for the duration and will top up more when my funds allow
GLA

[sportbilly1976] 05/8/2020 11:00

lets see then if this wall of money comes along at 4p offer

[excellance] 05/8/2020 10:40

exactly what i've been doing, putting a heavy bias on gold or silver PRODUCERS and getting out of everything else including minnow gold explorers. ALTN and AAZ are my top 2, with AAZ having not broken out yet!

[qazwsxedc69] 05/8/2020 10:37

I am pretty sure the weakness here is just people pulling funds to stick into goldies which seem (for the moment at least) a one way bet

[micky67] 05/8/2020 10:33

Me too YasYas and it’s feeling like NoNo lol. It will turn around soon as there will news afoot as even the board will not want this share price to continue as not good for investors’ health. I have bought £650 worth of N4P which will hopefully rocket on expected news this or next week. Hopefully that will make up the difference just now.

[yasyas1] 05/8/2020 10:26

Another dip! This is my biggest investment and i m 25% down. Just hope things are progressing behind the scenes

[trying2getrichquick] 04/8/2020 23:44

Good things come to those who wait, but only whats left from those who hustle!

Abe Lincoln, Acts of the Apostles

[cyberbub] 04/8/2020 22:26

To be fair a 0.01% purchase isn't likely to rocket the share price ... Still it all counts! People just need to have patience. One of Buffett's many sayings applies here: "In the short term the market is a voting machine. In the long term it's a weighing machine." GLA

[sportbilly1976] 04/8/2020 13:17

The 64,506 buyer this am clearly not the patient type!

[lynmee90] 04/8/2020 12:46

This will come good for sure, I think many of us are itching to just get a status update on a few things. This will bounce back. Things will have slowed down due to covid-19.I don't see much movement happening until the latter end of the year. It's just a waiting game which is easier said than done.But we will get rewarded for our patience.

[yasyas1] 04/8/2020 12:24

I do agree with you but what can we do. 20% down on my shares is not a nice position - sick of seeing red! Anyway keep saying to myself that mh patience wi pay off!

[kcaco] 04/8/2020 11:02

I’m positive about EML but I would rather we have it move up sooner rather than later . ( I know that’s an obvious statement to make When you have money invested ) . I’m
Learning not to be a rainbow chaser though as well . But waiting and time also allows for problems and issues to arise as well . Maybe an RNS to say they are ahead of schedule Would be great for the share price . Maybe I’m being too expectant considering Covid and the scale of the operation . As an investor we want it all don’t we .

[apfindley] 03/8/2020 19:00

I cant see any bad news coming.The recent funding has given ample breathing space so that all known workstreams can be carried out and many be completed. We know what we're waiting for and know there's money to complete it.Theres going to be no surprise equity issuing, apart from any capex funding later.For now, we await the environmental studies and any funding agreements or partnerships etc.The day will surely come where this can 5 bag minimum , although more deserving than many trash companies out there.

[cyberbub] 03/8/2020 17:01

Worth noting that I could sell 1.5M shares in one go just before close, albeit at 3.9p so a tick below the bid. I suspect there is a big wadge of money that is waiting/hoping for 4p to buy?