Emmerson Share Discussion Threads

[cyberbub] 17/2/2021 12:39

Can we all please ignore/filter the trolls please? It's not difficult. Gets a bit boring reading all these responses to stupid posts I can't see. Plus hides the actual important posts.

[yasyas1] 17/2/2021 12:17

Keep topping smelley

[yasyas1] 17/2/2021 12:16

Omg what are you spouting. This is one of most concrete projects around with a great BOD. Tbh they are delivering best value to SHs

[qsmeily456] 17/2/2021 11:15

Keep talking it up 👧🤼‍♀️

Reality is I flagged the funding was going to be unlikely and that they were dreamers.

BOD have shown a level of nativity and inexperience.

Now at least they might get this going on a pilot scale.

Sell on news is sensible before dilution

[sloppyg] 17/2/2021 10:35

Very pleased to see that potential change in approach this morning.

To some extent their hands will be tied as they will have been caught out by how low the MC still is at this juncture hence weakening their position in ongoing financing negotiations.

Change in approach however should ultimately increase shareholder returns and shows that the interests of management are clearly aligned with shareholders.

Additionally the salt has the potential to match the annual EBITDA on the MOP (at current market prices) so the diversification is most welcome.

[apfindley] 17/2/2021 09:30

As always the parasite funders want to be on the inside and enjoy the lions share....but eml remains strong and honest to resist those scum who want to control the price for a cheap entry. This isn't going to succumb like lesser companies have.

[qsmeily456] 17/2/2021 09:08

So you agree.

Let's see if they get an effective pilot plant away.....thats a sensible strategy so long as its future proofed as far as it can be for expansion.

[sportbilly1976] 17/2/2021 09:04

Qsmelly,

They maybe a bit of funding which was tricky to get in full at current prices? Or maybe the BoD weren't happy with the price funders wanted at the equity level?

Either way...we now get less dilution as initial funding will be smaller...they get the plant up and running and then expand gradually as the cash comes in too....resulting share price is higher, can potentially look to sefl-fund more from operations and at a higher share price

Win-win - as seen by the market reaction so far today.

[qsmeily456] 17/2/2021 09:02

Unlike most of the rampers on this thread who are clearly connected related parties. Which as we know is illegal for a lse company..🤣💦

bazildonbond

17 Feb '21 - 08:18 - 4604 of 4605

0  1 0

At least it proves Smelly isn't an insider trader!

[qsmeily456] 17/2/2021 09:00

This is the really important piece

aimed at reducing upfront capital costs 

It screams oh 💩 we cannot raise the cash we need so pair this back to something we can maybe fund via dilution, prove the concept then expand.

Basically that's the way the market reads this too.

Sell on news especially when it's as bad as this

[bazildonbond] 17/2/2021 08:18

At least it proves Smelly isn't an insider trader!

[the chairman elect] 17/2/2021 08:15

Graham Clarke, Emmerson's CEO, commented:

"Khemisset is a project of enormous potential and we see several opportunities to improve upon the mine plan presented in the 2020 Feasibility Study. The most obvious is the potential to expand the Project, given it is currently based on less than 50% of our total Mineral Resource Estimate.



"We have also previously discussed the potential to increase our salt sales and our ongoing investigations into the global de-icing salt market and, in particular, the US market gives us a high level of confidence in our ability to upscale our salt production significantly.



"We have previously presented a Scoping Study for an SOP project which indicated a project that could deliver an additional US$70m of EBITDA for the Company for minimal capital expenditure. The SOP market, especially our target US sales market, continues to show strength in pricing, which drives a strategy to accelerate the development of that project, which provides increased cashflow generation, but also diversity of end-product.



"Finally, the capital cost benefits of our project mean that we believe we can develop our project using a staged approach, which reduces upfront capital costs and equity requirements from the market and, therefore, dilution to our existing shareholders as we grow to our full potential.



"With our mining licence in hand, we see 2021 as a pivotal year for our development as we aim to become the only potash producer in Africa and the only independent potash producer globally."

[sportbilly1976] 17/2/2021 07:40

Great rns. Makes logical and financial sense and should massively reduce dilution to existing shareholders Time to add a few more I think

[qazwsxedc69] 17/2/2021 07:04

Very nice (and unexpected?) RNS out. No resting on laurels here....

[lendmeafiver] 16/2/2021 16:02

I love day traders and their wonderful, insightful use of emojis, thank you for adding to the discussion here......

[qsmeily456] 16/2/2021 15:54

Chart looks like a stairway to test resistance more like pmsl 🤣💦

Must be dark damp and smelly up there cyber.💦€166;💦㈐6;💦

[cyberbub] 16/2/2021 12:46

Agreed Donald which is why it's good news (and perhaps no coincidence..) that they've got the licence earlier than expected... I'd be pleased if they accelerated the start on site to Q3 rather than Q4.The chart looks like it might be forming a sort of pennant?

[qsmeily456] 16/2/2021 11:50

Fact is its down and been falling.

I note you ramped it prior to the presentation pump dump.

Massive cash raise required and they've talked a good talk but delivered sweat fa on the financial front. There's not even a robust deliverable plan. Plenty of ideas discussions meetings but no draft terms, offers etc.

Oh and any MOU's are just pumps 🤣💦

[rajawali] 16/2/2021 11:32

Smelly.
💩load of yawning at your ridiculous posts.
Just as ag commodities are gapping higher, inputs follow. Fact.
As inputs like potash go higher, so does the availability of capital to fund additional production. Now you may dispute this assertion but I'd rather back the track record of the likes of Locke and Connelly.

[donald pond] 16/2/2021 10:08

It is a perfect time for EML but they need to strike while the iron is hot.

[neilweymouth] 16/2/2021 10:06

Re cottoner that gives a price of $360 per ton which is bang on the consensus case in the presentation.
My worry was the low 2020 potash price. I was hoping for a top up around 6.8 but whats .5p when earnings should be $244m pa.

[qsmeily456] 16/2/2021 09:42

What a desperate bloke tweeting that

Just shows what a corner they are in and how amateur they are.

Desperate to get the share price up to raise much needed funds...there are better ways.....much better ways.

[parob] 16/2/2021 09:19

Hayden tweet just now#Potash prices continue to rally. Sales prices reported to be gapping higher amid "tight supply". It's a very interesting dynamic with continued strength in cash crops, which are the biggest consumers of potash. All looking very good for 2021 and beyond. Perfect time for #EML

[westie50] 16/2/2021 09:02

Thanks for your excellent post Cottoner. Interesting the IPI price has increased 4 fold in the last 10 months. Possibly as we're not a producer yet, the Potash price won't have such an extreme effect on our share price in the short term. However as we get to construction and beyond, I'm sure it'll become that much more relevant

[qsmeily456] 16/2/2021 08:57

🎋🎄🌳🌴a32;🛩💥;🤣💦💦

QsmeIly456

15 Feb '21 - 16:21 - 4581 of 4589  Edit

0  0 0

That's because they need to raise a 💩load of cash.

Massive dilution coming