Emmerson Share Discussion Threads

[grahamwales] 01/5/2022 15:40

Discussions with financing partners progressing well, with strong interest on both debt and equity;

· Appointment of Liberum Capital Limited as a joint corporate broker;

All means more shares going to be issued.

[donald pond] 01/5/2022 15:39

Even better Graham, go short on Tuesday, have the courage of your conviction.

[grahamwales] 01/5/2022 15:38

Looks like these are going to need tens of millions before producing any material then

Lots and lots of dilution.

May buy some close to 2p

😁

[grahamwales] 01/5/2022 15:30

So this is where Audible Energy hangs out. Pumping this one yet de ramping PHE.

Will have to do some research on this one and return the compliment.

[apfindley] 01/5/2022 07:31

Oh dear. Its Bank Holiday weekend. The markets are closed until Tuesday. But we still have a desperate Smelly posting, who's not invested and claimed to have shorted emmerson at 5p. I guess he's feeling rather ass-fukd at the moment after leaving himself so exposed.

[qsmeily456] 30/4/2022 21:53

Guess most of u r 🐘🪟👅👅 if u cannot support 🐃💩 valuations with reasoned argument and industry leading calcs including DCF 🤣🤣🤣

[cyberbub] 30/4/2022 18:38

To be honest I don't want to know anything about the sad idiot at all...

[donald pond] 30/4/2022 17:57

Tbh Smelly the only thing we want to know is whether you were short when you were posting pictures of shorts and this was 7p.

[qsmeily456] 30/4/2022 17:04

🤣🤣🤣show ..
me the calcs 4 that....2 🤣🤣🤣

EPS 0 X SII + HV = C10 - 12p

[paulboz] 30/4/2022 11:06

Executive summary:The guy from Orior Capital is predicting a near term valuation of 46p i.e. this year and 110p on a 3 year view. Even if he's only half right I would be very happy with that.

[the chairman elect] 29/4/2022 16:25

The company is still developing its mine, but the potash is there in abundance and several important steps have been taken on the road towards commercial production. Engineers are in place, a financial strategy has been drawn up and chief executive Graham Clarke has secured up to $46million of support from a Singapore-based investment group.

The group is in discussions with several other potential backers, as well as a number of Moroccan and international banks. Brokers are confident that Clarke will secure the cash he needs, particularly as potash supplies are now so constrained.

Environmental approvals have yet to be finalised, but Emmerson has addressed every issue brought up by the Moroccan authorities and Clarke has worked hard to ensure that his project is beneficial to local communities and workers.

Relationships between the company and government officials are helped by the wider links between Morocco and the UK.



Sounds as though the hard graft is indeed being put in @ LSE:EML

[cyberbub] 29/4/2022 16:20

I am hoping that we get the ESIA in May and then get the final financing package announced in July before the summer holiday season. If our management have been working hard on the package in the background for months (which I have no reason to doubt) then it shouldn't take very long to finalise and sign off IMO.

[apfindley] 29/4/2022 16:16

Thats great the ones at 2.3p in good profit.At least you didn't hold onto the less profitable ones at 4p..(Only teasing you cyber)

[cyberbub] 29/4/2022 16:08

The breakout has been a long time coming, I've been invested for 2.5 years. My average is 4.2p but I did (honestly :-) ) buy a batch at 2.3p during the Covid plummet so they're well in profit. A long way to go still, for the patient LTHs.

[septblues] 29/4/2022 15:37

Thankyou TCE

[the chairman elect] 29/4/2022 15:25

FYI - Septblues

From the MAIL on SUNDAY - MIDAS column

In Morocco, silver tea trays are known as rayts. The name is derived from Richard Wright, a Mancunian silversmith and prolific producer of silver teaware.

Wright was working in the 1800s, but his teapots are prized across Morocco to this day, part of a long and fruitful trading relationship between the North African country and Britain.

These close ties bode well for Emmerson, a Yorkshire-based company that is developing a major potash mine in Northern Morocco.

Spread the word: Potash is an essential ingredient of fertiliser and normally about 40 per cent of it comes from Russia and its ally, Belarus

Prices of this commodity have historically averaged $400 (£300) a ton. But the price had begun to climb even before Putin invaded Ukraine, reaching $800 a ton by the end of 2021.

It has risen even further in recent weeks, topping $1,000 a ton, even hitting $1,200 a ton at some points. Such elevated levels may not persist, but most market watchers expect prices to remain high for years to come, as traders the world over try to wean themselves off Russian potash and seek alternative suppliers.

Emmerson should prove to be an attractive option. The company is still developing its mine, but the potash is there in abundance and several important steps have been taken on the road towards commercial production. Engineers are in place, a financial strategy has been drawn up and chief executive Graham Clarke has secured up to $46million of support from a Singapore-based investment group.

The group is in discussions with several other potential backers, as well as a number of Moroccan and international banks. Brokers are confident that Clarke will secure the cash he needs, particularly as potash supplies are now so constrained.

Environmental approvals have yet to be finalised, but Emmerson has addressed every issue brought up by the Moroccan authorities and Clarke has worked hard to ensure that his project is beneficial to local communities and workers.

Relationships between the company and government officials are helped by the wider links between Morocco and the UK. And there are strategic gains to be had.

Emmerson's mine will be the first commercial potash site in Africa, a continent whose agricultural capacity could be transformed through greater use of good quality fertiliser.

The mine is well positioned too – a two-hour drive from the port of Casablanca, from where potash can be easily shipped to Europe and Brazil, one of the biggest fertiliser markets in the world.

Midas verdict: Midas recommended Emmerson at 3.1p in 2019. The shares had doubled by last year, they are now 7.5p and should increase materially as environmental permits are granted and financial backing is secured. No development project is risk-free, but this stock seems better placed than most loss-making miners. Existing investors should hold, while the shares also look attractive to new investors in search of adventure.

[yasyas1] 29/4/2022 15:11

Hi this is doing fab. Have i missed any news or are folk just realizing now??

[septblues] 29/4/2022 15:11

which Midas?

[the chairman elect] 29/4/2022 14:45

Midas verdict: Midas recommended Emmerson at 3.1p in 2019. The shares had doubled by last year, they are now 7.5p and should increase materially as environmental permits are granted and financial backing is secured. No development project is risk-free, but this stock seems better placed than most loss-making miners. Existing investors should hold, while the shares also look attractive to new investors in search of adventure.



Thank you all real LSE:EML LTH's - reads extremely well but then how could it not as we all know [well those with a bit of grey matter anyways] that the LSE:EML unfolding story is urber bullish!

[qazwsxedc69] 29/4/2022 14:34

Another All Time High. And another indication that there is no stock around - who on earth is going to sell when the MMs will mop up practically any amount?

I see the Smelly one is posting. I have the clown on filter, but i'd hazard a guess that all of a sudden he has been buying and is now sitting on a fortune? (yawn)

[qsmeily456] 29/4/2022 14:19

Rampers out today....no doubt selling the hype 🤣🏃‍♀️🐃💩

As 4 VRS go back 2 plus years for my posts 🐘🪟👅

[qazwsxedc69] 29/4/2022 14:17

You can currently sell at least 750k @ 9.16. Suspect we are about to see another leg up.....anything much about 250k usually goes to NT.

[qazwsxedc69] 29/4/2022 13:52

It is a well researched and in depth article, as opposed to just a throwaway comment about a nice share....

In Morocco, silver tea trays are known as rayts. The name is derived from Richard Wright, a Mancunian silversmith and prolific producer of silver teaware.

Wright was working in the 1800s, but his teapots are prized across Morocco to this day, part of a long and fruitful trading relationship between the North African country and Britain.

These close ties bode well for Emmerson, a Yorkshire-based company that is developing a major potash mine in Northern Morocco.

Spread the word: Potash is an essential ingredient of fertiliser and normally about 40 per cent of it comes from Russia and its ally, Belarus

Prices of this commodity have historically averaged $400 (£300) a ton. But the price had begun to climb even before Putin invaded Ukraine, reaching $800 a ton by the end of 2021.

It has risen even further in recent weeks, topping $1,000 a ton, even hitting $1,200 a ton at some points. Such elevated levels may not persist, but most market watchers expect prices to remain high for years to come, as traders the world over try to wean themselves off Russian potash and seek alternative suppliers.

Emmerson should prove to be an attractive option. The company is still developing its mine, but the potash is there in abundance and several important steps have been taken on the road towards commercial production. Engineers are in place, a financial strategy has been drawn up and chief executive Graham Clarke has secured up to $46million of support from a Singapore-based investment group.

The group is in discussions with several other potential backers, as well as a number of Moroccan and international banks. Brokers are confident that Clarke will secure the cash he needs, particularly as potash supplies are now so constrained.

Environmental approvals have yet to be finalised, but Emmerson has addressed every issue brought up by the Moroccan authorities and Clarke has worked hard to ensure that his project is beneficial to local communities and workers.

Relationships between the company and government officials are helped by the wider links between Morocco and the UK. And there are strategic gains to be had.

Emmerson's mine will be the first commercial potash site in Africa, a continent whose agricultural capacity could be transformed through greater use of good quality fertiliser.

The mine is well positioned too – a two-hour drive from the port of Casablanca, from where potash can be easily shipped to Europe and Brazil, one of the biggest fertiliser markets in the world.

Midas verdict: Midas recommended Emmerson at 3.1p in 2019. The shares had doubled by last year, they are now 7.5p and should increase materially as environmental permits are granted and financial backing is secured. No development project is risk-free, but this stock seems better placed than most loss-making miners. Existing investors should hold, while the shares also look attractive to new investors in search of adventure.