Emmerson Share Discussion Threads

[yasyas1] 25/2/2021 16:40

Thanks. Hope we all do well. Was 10k up at one point now 5k but its a LTH so dont let it bother me. Was almost 5k down at one pt for a while! Its all heading north this yr though

[kcaco] 25/2/2021 15:47

I agree YAs yas . I didn’t get Cyberbubs last comment .
I think maybe he’s wondering why you are bothering responding to Qsmelly .I responded to Q smelly last week as the guy sounds like an idiot and it got the better of me . I know how long you have been with this and I know you sound genuine. Unlike some

Good luck if you managed to top up .

[cyberbub] 25/2/2021 11:29

FFS yasyas

[the chairman elect] 25/2/2021 11:25

The CEO comments are potentially interesting reference CROP NUTRIENTS & EML

[the chairman elect] 25/2/2021 11:24

SP Angel . Morning View .

Anglo American (AAL LN) 2,971p, Mkt Cap £38.7bn – Iron ore performance underpins 2020 EBITDA

Anglo American reports that strong metal priced during the latter part of 2020 offset pandemic-related disruption earlier in the year to deliver US$9.8bn of EBITDA during 2020 (2019 – US$10.0bn) at a margin of 43% (2019 – 42%).

In common with other major mining companies which have reported recently, the group’s iron-ore business is the principal contributor to EBITDA delivering US$4.6bn (US$3.4bn) or around 47% of the total.

Anglo American’s diverse portfolio saw its platinum group metals business deliver a further US$2.6bn (2019 – US$2.0bn) and its copper operations contribute US$1.9bn (2019 – US$1.6bn) to the overall EBITDA total.

The diamond operations of De Beers contributed a further US$0.4bn (2019 – US$0.6bn) and the contribution from the nickel & manganese business also declined to US$0.5bn from the US$0.6bn recorded in 2019.

The group’s net debt increased by US$949m during the year to US$5.8bn.

Anglo American is maintaining its previously announced 2021 production guidance across all product groups:

Iron-ore production in the range 64-67mt rising to 65-68mt in 2022

Platinum production in the range 1.9-2.1moz in both 2021 and 2022 with 1.4-1.5moz of palladium and 0.9-1.0moz of other platinum group metals.

Copper output of 640-680,000t in 2021 rising to 680-790,000t in 2022

32-34m carats of diamonds in 2021 falling slightly to 30-33m carats in 2022

Coal output of 18-20mt of metallurgical and around 24mt of thermal coal in 2021 and 22-24mt of metallurgical and 24mt of thermal coal in 2022

42-44,000t of nickel production in both 2021 and 2022

Capital expenditure on growth projects is expected to be in the range US$2-2.5bn in 2021 including US$0.5bn expected for the further development of the Woodsmith polyhalite mine in North Yorkshire which was acquired with Sirius Minerals in March 2020.

Commenting on the progress of the Woodsmith mine, Anglo American reports that it spent US$292m on the project during the year and that “By the end of December, the excavation of the conveyor tunnel had reached almost 12 kilometres and continues to progress well. At the mine head, the first shaft-boring machine has been assembled within the service shaft and is being commissioned, while good progress is also being made on the production shaft”.

Additional capital expansion projects include the new US$2.7.2.8bn Moquequa mine at Qullaveco in Peru, due to start production in 2022 producing around 300,000tpa of copper and phased expansion of the Collahuasi operation to potentially add an additional 50,000tpa of copper production in 2023/4 aas well as the switch to underground mining at the Venetia mine.

Sustaining capital across the group is expected in the order of US$3.7bn for 2021 and US$4.2bn in 2022.

Chief Executive, Mark Cutifani, applauded the efforts of Anglo American’s employees in their response to the challenges of the Covid19 pandemic and said that in the longer term Anglo American would “benefit from a sequence of high returning growth options, mainly in copper, PGMs, and now also crop nutrients. Our business is increasingly positioned to supply those products that are fundamental to enabling a low carbon economy and catering to global consumer demand trends”.

[yasyas1] 25/2/2021 11:21

You are just soooo funny! Why are you here and wasting yr time if its such a bad investment?????

[qsmeily456] 25/2/2021 11:08

🍺🍻 buy something decent that's actually rising 🤣💦💦💦8166;

[yasyas1] 25/2/2021 10:01

Planning to later today if i can find any more dosh

[sportbilly1976] 25/2/2021 09:14

With the Mining License issued and leading indicators for #potash rising strongly
@DoubleOD2 spoke to Graham Clarke, CEO, of
@emmerson_plc on behalf of
@ChinaMiningClub to discuss recent performance and the development plan

[...] #mining #Morocco #investing

[1airbag] 25/2/2021 09:03

Use it as a chance to add was my view. I stress about some shares but this one doesn't worry me, not sure why.

[donald pond] 25/2/2021 08:32

Getting very tempting again. Crazy to be back here after permit confirmed.

[1airbag] 25/2/2021 08:31

I added at 6.425p

[qsmeily456] 24/2/2021 18:48

Cyber idiot.....what tosh thats why most stocks are flying especially commodity based.

[cyberbub] 24/2/2021 18:30

Disappointing again, although the UT dragged it a bit lower than reality. I suspect we're getting into tax year selling period at the moment across the markets... No problem for LTHs.

[apfindley] 24/2/2021 17:09

Just ignore it like everyone else has already.

[qsmeily456] 24/2/2021 17:01

whereasmemoneygone

Answer.....down the swany 🤣💦

[whereasmemoneygone] 24/2/2021 16:32

QsmeIly456 ADVFN answer to the masked singer.

Who are you, and why are you here.

[qsmeily456] 24/2/2021 15:50

New jingle


You have to be a right bell to invest in EML 🤣💦💦💦8166;

6p test coming.....

[qsmeily456] 23/2/2021 13:16

Always buy the paper that way only the company can stuff u.

All my stocks are racing now.....commodaties,etc 💥

Funding at a discount unfortunately for you lot 🤣💦

[the chairman elect] 23/2/2021 07:33

IG Index blocks investors from more than 1000 smallcap stocks as RobinHood GameStop saga ripples
Margin trading barred on certain stocks as IG faces frenzy of retail trading

IG Index, the giant share trading platform, restricted customers from investing in more than a thousand smallcap shares today in a reaction to surging volumes of retail trading in recent weeks and the RobinHood stock surge phenomenon.

Marketmakers reported selling by retail investors of affected stocks as they braced for IG’s trading ban.

IG was contacting clients late on Friday and over the weekend to tell them they could no longer offer margin trading to clients on more than 1000 stocks. Margin trading is where clients borrow to buy shares, meaning they can take bigger bets with more capital, a practice known as “leverage”.......

[cyberbub] 22/2/2021 22:12

There is no doubt in my mind that funding will be obtained. Capital always funds low risk, high return projects. The only question is how much funding, and at what price. Hopefully we will know within the next few months, perhaps earlier.NAI

[kcaco] 22/2/2021 21:33

Q smelly

IF
by Rudyard Kipling probably serves as a good reading

Thank Westie .I think it is that simple

[westie50] 22/2/2021 21:16

KCACO - Yes i agree and i like things put simply. We have the mining licence and are basically betting now on whether funding will be forthcoming or not. For me finance is virtually nailed on so it's a waiting game until it's announced. I really don't care what happens to the share price in the mean time.

[qsmeily456] 22/2/2021 19:49

Apart from the spelling.....IF they get the funding u might be right...

KCACO

22 Feb '21 - 19:19 - 4665 of 4665

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Definetley worth a punt .