Emmerson Share Discussion Threads

[lendmeafiver] 16/10/2020 12:05

Great, thanks sportb, will check the website out later, sounds encouraging.

[sportbilly1976] 16/10/2020 11:48

"Comprehensive research by Yuen Low of ShoreCap. Has #EML’s Khemisset Project as THE standout project among all Potash projects (SOP incl) and he provides a rigorous analytical basis for this claim. While SOP is getting the attention, a world class project flies below the radar...


"Yuen believes #eml should be trading 3-6x higher today, based on how our peers are trading... One of the reasons investors like Yuen’s research is he is ultra conservative in his analytical approach and assumptions...

"Notwithstanding this conservative approach, he still has #EML with an NAV/share of 13.9p.... which Yuen further takes a haircut to to get to his price target. If a few things go our way to offset some of that conservatism? The price target very quickly rises to 26.7p!!!


Edit: Hayden tweeted back that the note will be on the website today

[rajawali] 15/10/2020 15:51

In 18 months, we are going to be in the middle of an almighty commodity price explosion imv. EML will reflect this paradigm as potash prices climb materially higher on the back of expanded GM/Ha for row crops. I do see a re-rate in prices well before then as the various permitting news flows start to dribble out. Good assets will be financed first!

[lendmeafiver] 15/10/2020 15:17

There is imminent ESIA newsflow that will push this upwards I expect, then the permitting, then financing news, all I expect will trigger a series of re-ratings.

[sportbilly1976] 15/10/2020 15:06

too many trading 100k for 0.5p at a time...sp bound to be confined to a range

take a 18mth+ view and reap rewards

[1airbag] 15/10/2020 15:03

we have been in the range 4 to 5p now for around 4 months.

[cyberbub] 15/10/2020 14:47

Sigh... More patience required... Doesn't look like anything company specific as the whole market is down today....

[sportbilly1976] 15/10/2020 09:54

4.84 - 5.08p current quotes for 250k

[sportbilly1976] 15/10/2020 09:08

let's see if back sub 5p buy tempts any?

[sportbilly1976] 14/10/2020 13:46

ap,

quite possibly...but with the ESIA and permitting due imminently this does afford smaller pi's like me to get in ahead of the game and at a lower average

[apfindley] 14/10/2020 13:01

I think larger investors are reluctant to commit until the eisa is signed off and the permits in place fully.Then all the boxes are ticked except finance.But these endless tweets etc are not going to move the shareprice until the eisa and permits are done.

[lendmeafiver] 14/10/2020 10:51

ESIA early Q4, so anytime

[yasyas1] 14/10/2020 10:50

Yes q4 i thought

[hughesy94] 14/10/2020 10:35

Agree, is there a rough schedule for these I thought I heard this QTR

[sportbilly1976] 14/10/2020 09:25

I guess some will wait until the ESIA, permits and finance are all sorted and signed off before buying..

the share price just will be multiples of today's price by that time.

[mad foetus] 14/10/2020 08:51

It does feel like the twitter activity, news flow and trading all point to the rerating being on

[parob] 14/10/2020 08:42

I am really surprised this is not up more on this news.Suppose the day is young!

[the chairman elect] 14/10/2020 08:41

Headed for the top of the channel at around 8p

[sportbilly1976] 14/10/2020 08:38

still not much around - 250k is being quoted 5.25p

full 5.2p for 100k

[parob] 14/10/2020 08:26

Great progress is being made. One step closer to getting this financed.

[1airbag] 14/10/2020 08:23

Yes, I did interpret it as very good new, it is the next piece in the jigsaw puzzle.
Thought the share price might pop up at the open on that but heh ho.

[sportbilly1976] 14/10/2020 08:19

no buy quote for 50k, and 100k is being quoted 5.15p

tick up coming after a couple of FoK trades imo

[sportbilly1976] 14/10/2020 07:59

Excellent news ...already had positive engagements, reiteration of the bottom quartile all-in delivered cost

EBITDA of $236mln....further to Hayden's tweet the other day of the EV/EBITDA multiple used with potash of around 10x - without the $500mln of salt by-product

...and of course the potential for the mine area to be significantly expanded still further

[the chairman elect] 14/10/2020 07:27

No it is not good news it is bloody excellent news! As we all know [or should know] the EML project[s] are very robust so this is the way to go with just relatively limited equity dilution.

[parob] 14/10/2020 07:22

Adrian Sender, Partner at Shard Capital Corporate Finance commented, "We are pleased to be working with Emmerson's team to ensure that they have the best capital structure in place and have already had some very positive engagements with lead banks and ECAs for both covered and conventional financing tranches"