Emmerson Share Discussion Threads

[apfindley] 11/11/2020 13:57

Syme was just manipulative hype by a group who take part in placings and have warrants to exercise after they forward sell at higher prices. Example recently is rms. Same people pumped that for warrant profits too.

[yasyas1] 11/11/2020 13:32

And do still have faith in this and syme

[yasyas1] 11/11/2020 13:29

Well ok initially then massively down. Still in there

[kcaco] 11/11/2020 13:12

.Remember Micky ? I wonder what he would be saying and predicting ? I hope hes done ok at SYME ... possibly may not have had a result as it went up quite sharp but levelled down after the initial burst . Maybe it shows the key is sticking with a stock and having faith in your investment.
YAS yas . I remember you put a bit in syme On Mickys recommendation. did you do ok ?

[yasyas1] 11/11/2020 13:03

Reckon this will be around 8p once we get permit?

[rajawali] 11/11/2020 12:52

Thanks for your thoughts cyberbub. Management is sufficiently incentivised with options. They're taking their time to identify optimal funding and this is the right thing to do. Your price prediction is conservative, when based on peers and ultra conservative when EML is actually producing. I think Hayden mentioned something along these lines before.

[cyberbub] 11/11/2020 12:19

I have little doubt that the project will be funded, given its great economics. The only question is at what price, ie. how much of the big upside will existing shareholders see, and how much will be taken by the funders?Remember that even in the (in my view) extremely pessimistic funding scenario in Shard's report, we should see around 20p when in operation. I would hope that our seemingly very competent management will secure us (and themselves) a substantially better deal...I'm seeing 40p as a minimum when in operation in about 3 years, with a good chance of higher.No advice intended of course.

[sportbilly1976] 11/11/2020 10:54

Emmerson PLC
@emmerson_plc
Emmerson to start building Morocco potash plant in 2021

Emmerson has identified pre-production capital cost savings of over $1.2 billion relative to the average Canadian potash mine development.


Indeed - I'm sure they wouldn't be this bullish unless conversations had gone well

[lendmeafiver] 11/11/2020 10:29

Very confident tweet from the company this morning, must be some financing newsflow coming soon surely, along with ESIA completion etc.

[yasyas1] 10/11/2020 15:57

Always down after i buy!!

[rajawali] 10/11/2020 09:14

Worth recalling Highfield (ASX:HFR) experience as a guide to what could happen here:

Jun 2014 price $0.55 Placement of $32M between $0.48 - $0.51
Dec 2014 price $0.52 Lodgement of mining concession, estimating production by 2017
Mar 2015 price $1.62 DFS delivered
May 2015 price $1.98 (market cap >$600 million / GBP 350 million)

I can see a scenario where EML has similar price re-rate and, if the mining permit is delivered relatively swiftly, much further to run.

Very exciting times ahead.

[lendmeafiver] 10/11/2020 00:43

We shall see, certainly suggests some confidence I think. We are due an update imminently so not long to wait.

[cyberbub] 10/11/2020 00:40

Nice co-ordinated publicity. Not sure whether it means any official progress/milestones have been hit though?

[lendmeafiver] 10/11/2020 00:08

More:

www.mining.com/emmerson-to-start-building-morocco-potash-plant-in-2021/

[lendmeafiver] 09/11/2020 21:58

And another:

northafricapost.com/45046-emmerson-plcs-morocco-potash-project-on-track-to-launch-construction.html

[lendmeafiver] 09/11/2020 20:13

www.nasdaq.com/articles/emmerson-plc-to-start-building-morocco-potash-plant-in-2021-ceo-says-2020-11-09

[lendmeafiver] 09/11/2020 18:51

The light at the end of the covid tunnel can only be good thing here, makes travel easier to both site and visiting potential partners and funders, expecting news here very soon.

[cyberbub] 09/11/2020 14:53

More buys than sells so far today, despite every trade being marked as sells.

[sportbilly1976] 09/11/2020 10:33

just catching up...frustration continues with the share price stagnation

ESIA - early Q4 definitely implies we should be hearing from the Company soon on this as we now approach mid-Q4

Long-term story/investment case still the same so happy to continue to hold...I'm never good/lucky with timing to try and trade around whilst waiting

[donald pond] 09/11/2020 08:18

Not thinking of selling but getting quite impatient now...news must be close

[lendmeafiver] 08/11/2020 21:26

“ESIA is the next box to tick ahead of submitting our application for a Mining Permit; this is on track to complete early in Q4 2020”

[puzzler2] 08/11/2020 13:26

Indeed cyberbub. It's a a case of sitting and waiting for the play to unfold, assuming you believe that the story is strong and will prevail.

[cyberbub] 08/11/2020 12:34

Gone a bit quiet here? Not much to say I suppose - we await developments...

[sportbilly1976] 03/11/2020 12:18

4.60 - 4.68p the current online spread, so (imo) just the one sell so far at 4.58