Emmerson Share Discussion Threads

[mjb252] 01/6/2021 10:23

Yep. This is starting to look a bit uneasy. This is clearly a great opportunity but there is a sense of Graeme being a little bit out his depth - even forced into doing these same old same old presentations - question is, who is actually pulling the strings and who is the right person to navigate the right funding solution going forward - if it is G then clearly he need to buck his ideas up

[mesb48] 01/6/2021 09:49

Cyber, I had 109m at the last count prior to this, much of which were the ones issued to the BOD last summer. More cash in the bank, but will act as further untimely drag on price.

[qsmeily456] 01/6/2021 09:39

More dilution.....I warned you weeks ago 🤣💦💦💦8745;💥Ӿ76;🌴🎋;🌳🌲


QsmeIly456

6 May '21 - 17:10 - 5173 of 5294  Edit

0  0 0

I told you the answer a while back...its tested 🤣💥

QsmeIly456

28 Apr '21 - 16:24 - 5140 of 5172  Edit

0  0 0

This will test new lows before bouncing


QsmeIly456

24 May '21 - 20:50 - 5250 of 5293  Edit

0  0 0

Werie the ramper hates the moaner too 🤣💦💦

CAPTAIN 🐂💩s got yet another pr spin......

Wheres the money?

Wheres your buy in?

[gateside] 01/6/2021 09:30

News less year and endless presentations saying the same thing!

[cyberbub] 01/6/2021 09:11

Anyone know how many warrants are left outstanding? Disappointing that they didn't state this in the RNS.

[tomredman93] 01/6/2021 09:10

@Puzzler2 - Also, the RNS from this morning with exercise of warrants and the dilution of shares is the main reason for the slide today.

[puzzler2] 01/6/2021 08:59

SP on a slide today. Market perception not helped by repetitive presentations of "the opportunity" (smacks of desperation), coupled with a lack of tangible news. Let's hope that all changes soon.

[cyberbub] 31/5/2021 13:47

I was also encouraged by Q13!


Q13: What is the possibility of an equity partner paying a premium to the currently depressed share price?

A strategic investor would likely come in at a premium. Simply by having one come forward, the share price would appreciate a reduction in the finance risk.

[cyberbub] 31/5/2021 13:01

The exact query/reply from the Investor Meet website is below. I am not surprised that if they are in near-constant contact with investors, any one of which might come forward with a deal at any point after the EIA is published (ie. next 4 weeks latest), that they are in a permanent closed period at present.

I found the actual online presentation a bit samey, but personally thought the followup Q&As were a lot more useful.


Q4: HAS THERE BEEN ANY SIGNIFICANT SHARES PURCHASED BY THE CURRENT BOARD WITHIN THE LAST 9/12 MONTHS, WHICH IS SOMETHING THAT BREEDS CONFIDENCE IN THE MARKETPLACE AND CURRENT INDIVIDUAL SHAREHOLDERS THAT THEY HAVE SO-CALLED SKIN IN THE GAME?. THANKS.

Graham Clarke did buy shares on the market shortly after joining the company. However, because of the ongoing conversations and negotiations with potential strategic equity funders, in practice there is no open period for director share dealing. This will likely remain the case until a strategic partner is announced.

[westie50] 31/5/2021 08:54

Mesb48 - many thanks for the link which worked. it's all clear now!!

[mesb48] 30/5/2021 23:41

Lurker, ok so I move from thinking you’re knowledgeable and trying to wind people up to thinking you’re knowledgeable and just being thought provoking and trying to possibly help (in a cryptic way).

You’ve also said you previously worked at Hardman. They seem to me to be a decent outfit. I note they actually recently did a session promoting EML which they would not have done if they thought their clients were being conned.

And you say you might jump in (but won’t say when for some reason) – and also you look to ‘cast aside the dross’.

So IMO that implies you’re interested, it’s just a question of price/events being sufficiently derisked, and likely some clear path to an exit to realise some value, e.g. via OCP or another industry player.

I’m wondering, are you John Cornford? Maybe I’m the last to the party to realise this. If you are not, I’m hoping this may possibly, perhaps fall into the 25% of companies that you say do eventually make money…

[mesb48] 30/5/2021 23:32

Don’t know if this will work but try this link if you registered with investor meet.

Click on the Q&A tab on the right.

The close period I’m referring to has nothing to do with when that platform does interviews!

[westie50] 30/5/2021 22:50

Having still not been able to locate any relevant email, I am now puzzled. Is there a difference between the Investor Meet Closed period and a "closed period" in the traditional sense of the word re director dealings.

[theseus1] 30/5/2021 22:33

mesb48. Just looked at the investor meet site and a closed period is defined as:

A Closed period - this is the Investor Meet Company self imposed closed period, we block off meeting request eight weeks before and eight weeks after the last reporting period update, although this can be overridden by the company.

It seems that Emmerson will be in an investor meet closed period until 8 weeks after the final results date if 17 May.

[westie50] 30/5/2021 21:13

Excellent Mesb48. Thanks for the full reply. I'm very happy to know they're in a closed period. Personally, i'd rather they're unable to buy and have news just around the corner. Actually they could be in a closed period for a while if funding news is drip fed over the coming weeks/months.

I registered for the call but must confess i don't remember seeing an email. I'll check back again and maybe mail Investor Meet.

[mesb48] 30/5/2021 20:55

Westie, I was referring to the written Q&A on the investor meet platform. It appeared on Friday (I got an email because I’d registered for the presentation itself). The written answers cover a few things they did not cover verbally in the presentation itself, I assume because they felt they needed some legal or wider board support for the exact wording of the responses, I know from some other comments at least one of these questions was put before the meeting so they ducked it at the time and answered later. Also may explain Graham’s pauses when he was skipping questions he could not answer at the time.

Thinking further since, I think this explains why the RNS for the shares issued to James Kelly a few weeks ago was ambiguous. So, unless anyone knows different, my guess now is he was gifted these as a signing on bonus partly because he was not able to buy in the market, nor do so any time soon.

Could be cynical and say this close period thing is convenient, to avoid putting hands in pockets, but I’m trying to see the positive here. Worth trying to learn more about the MAR regulations to deduce what stage the discussions with one or more ‘strategics217; might have got to. Happy for anyone to say if they read into it differently.

[lurker5] 30/5/2021 14:58

mes. I'm not and never have been invested in EML. My overall research is rewarding in itself. Having said which, most retired or active City Spivs will have deployed their cash from the dodgy earnings they will have made from flogging equally dodgy shares to the unwary - most of whom, sadly, are PI's. And the latter will also have been lured in by the even dodgier 'Public Relations' or 'Share Talk' style platforms, none of whom seem to have any investment research qualifications or experience. Its a scandal that the FCA allows them to exist. The fact that PI's are unaware of, is that there is absolutely no income available to anyone willing to unearth and then to publish what might be dodgy about some companies. I can only do it because its a hobby, now that I'm mostly retired. As for EML, I'll probably jump in once I think the time is ripe. But I won't publish the fact.

[gateside] 30/5/2021 13:39

Hayden Locke only got to speak for about 20 seconds. A pity, as he is a far better speaker.

[westie50] 30/5/2021 13:33

Mesb48 - I've just listened to the presentation again (it was painful!!) and still didn't hear GC state they were in a closed period. Could you let me know where he stated that fact please. Or maybe you've heard it from elsewhere?

[lurker5] 28/5/2021 19:14

Mes. 2/3 of my miner comments (I've covered around in last 15 years mostly elsewhere than here) have been sells, because a Sell Recc is just as valuable as a Buy recc if its correct. 90% of them have been correct. It reflects the fact I've highlighted that most investors in miners (there's plenty of research saying so both here and in Canada)lose money. A main reason (apart from the risks and uncertainties in mining) is that most 'broker' research on miners isn't objective - but is usually an exaggerated puff for his client company by the only broker covering it, and is often economical with the useful truth. But in the process of monitoring all such broker research for their schoolboy errors and omissions, its possible to find those that don't depend on smoke and mirrors to make a case but are genuine. In other words, if you've spent time looking for nuggets but have to cast aside lots of dross, why not give others the benefit of knowing what dross you've found ?

[cyberbub] 28/5/2021 14:22

I am and I did!I have lightened a little bit since then, due to being overweight, rather than any lack of conviction on the investment case here. Still hold a substantial amount.I do agree with others that it's becoming a bit tedious waiting. But we all know the quote by Jesse Livermore "The big money is made in the waiting"...GLA

[1airbag] 28/5/2021 10:39

I would feel so much better if GC would get out to Morocco, which to my knowlegde he has not since joining EML. I have raised my concerns with this regards previously on this board. I sense he's the type of chap who needs to see, smell, breath the surroundings in Morocco as any true miner would.

And BTW we did have a tot up ages ago and yes, there are some substantial share holders here amongst us. In aggregate way way more than GC and HL.

Not sure if cyberbub is still about but he/she went in large last year.

[mesb48] 28/5/2021 09:53

Lurker5, you make a good point there might be city spivs on this bb so the rest of us better watch out.
Seriously I can’t believe you’re trying to tar everyone on this bb with that. There have been 2 blatant examples of EML placings being sold into with people with inside info, Hayden pretty much admitted it. Most people on this bb I suspect will not be in a position to participate in those placings, nor trade in the volumes needed to manipulate the price. Nor dare I say it be so morally bankrupt to do so either.
Most of your posts seem to be on other junior miners - if you think they mostly lose money for investors, what are you doing wasting your time here? Think you’re clearly knowledgeable but maybe you have just come here to wind people up.