Emmerson Share Discussion Threads

[ilostthelot] 10/8/2020 16:55

Another up day tomorrow and we'll probably see more and more people buying back in as momentum builds.

[lynmee90] 10/8/2020 16:53

I'd like a few more days like today! Very strong start. Fingers crossed we kick on from here. Glad I topped up last week now which bought my average down a little.

[excellance] 10/8/2020 14:25

When folk see that this has turned, it will bounce high...assuming it has turned of course, but so far it looks like it has.

[lew82] 10/8/2020 13:19

I would think a buyout price of 50p would be fair on completion of all permitting etc... which id be happy with if that came in early next year. If EML carried it all the way to production I wouldn't want them to sell as share price should be significantly higher, plus its a platform from which to look at other projects and develop the company further.

[bobby1904] 10/8/2020 13:11

About time some buyers came back here. I know everyone says all shares they are in are undervalued BUT I'm going to say it anyway about EML & in a huge way! The recent FS numbers are utterly disconnected from the mkt cap. I know we have all the usual hurdles to get over to deliver the mine but progress has been phenomenal & it just keeps getting better. It has to re-rate at some point. Just a question of when, not if!!

[excellance] 10/8/2020 13:05

Well then, let's place our bets and see what happens.

[cyberbub] 10/8/2020 12:50

...personally I'll be disappointed if the share price is under 50p in 3 years' time...

[cyberbub] 10/8/2020 11:43

Ex have you looked at the likely cashflow from the mine, and considered the likely shares in issue in 3 years' time? I think you may be underestimating...

[excellance] 10/8/2020 11:36

i'm fairly sure that within 3 years EML will be taken over. I cant see any other outcome for this small one trick pony company.

SO, what price would be appropriate, and when?

My guess is probably a year or so after production begins, could be before of course, but the purchase price is tricky. Probably in the region of £300m, certainly no lower, could be as high as £500m!

[sportbilly1976] 10/8/2020 11:35

back with the odd small trades sequence again..

[parob] 10/8/2020 10:48

The climb back up has commenced!

[lew82] 10/8/2020 10:47

Thanks Sportbilly thats an interesting post from EML, lots of work but sounds like they on it!!

[cyberbub] 10/8/2020 10:33

Well I took 250k anyway at 4.15p. Someone is still selling as I was able to got a quote for another 250k at 4.15p straight away afterwards...

[sportbilly1976] 10/8/2020 10:15

Tweet from the Company this monring



"While focus in the short term is on permitting, strategic financing and reviewing the Feasibility Study for opportunities to improve the project, we also expect to complete additional work on our SOP project, salt strategy and to bring our additional resources into a mine plan."

[yasyas1] 10/8/2020 10:07

Me too but bought a couple of k few at 4.2

[sportbilly1976] 10/8/2020 09:55

only 5% over your target price though cyber...i daresay drop the amount by 10% and you'll be shifting the price on your own :)

you'd need to split - only 250k at 4.2 with IG

4.277p for over

[mad foetus] 10/8/2020 09:55

Lols Parob, I just find the MF name a bit silly so tried to have a unified presence under the name DP, but ADVFN can glitch when you move between devices so I find it easier to use MF in mobile and DP on desktop

[cyberbub] 10/8/2020 09:54

MF/DP why do you need two accounts? I use my name on both phone and web, without any issues.

[cyberbub] 10/8/2020 09:53

Damn, I had made my mind up to buy another 500k sub 4p this morning but have been busy on work calls since 8am, looks like I missed it!!

[parob] 10/8/2020 09:45

I knew that mf/dp but wasn't sure you wanted it known!! Highly likely we'll end today with a bullish engulfing candle on the chart, which will be.......bullish! Signalling the end of the downtrend...

[mad foetus] 10/8/2020 09:35

I'm DP by the way, I only use MF when I'm on phone

[parob] 10/8/2020 09:33

Good point made by Donald Pond on twitter. Buys under 4p this morning were more than 20% under recent board director buy prices. They bought shares between 4.88 and 4.94p!

[mad foetus] 10/8/2020 09:25

Looks like this has legs again. Placing and options done, no reason for this to not move forward now

[puzzler2] 10/8/2020 09:18

Also added today.

[parob] 10/8/2020 09:09

500K buy showing from earlier.