Emmerson Share Discussion Threads

[parob] 22/12/2023 11:42

I have had to take some just in case it multi-bags from this level and I can say I bought some close to all time lows! :)

[apotheki] 22/12/2023 10:35

Going into 2024 the BODs need to do the proverbial "what ever it takes" to get this booted over the line even if that means selling out on the cheap at say circa 10p

[parob] 22/12/2023 10:32

High risk, but could be the buy of the year should the permit get approved at this market cap.

[donald pond] 22/12/2023 10:29

A few buys today. It is very cheap I suppose!

[laurence llewelyn binliner] 21/12/2023 12:18

#Milste1 - good find, and in the mining sector .. :o)

Valorization of mineral resources through the production of derivatives with high added value
Valorization of products that contain phosphate..

How many other proposals are in the queue for consideration in this lane..? EML and how many others..?

[milste1] 21/12/2023 10:41

I will look forward to positive news in the very near future(-:

[catabrit] 21/12/2023 10:30

Unfortunately this is firmly headed into claim territory as I correctly predicted over the summer. But you never know - it might one day come good and if it does the return will be option-like (aka amazing). Still not tempted to buy back in but I do like having exposure to some of these probabilistic scenarios so maybe I’ll nibble in 2024 if it continues to drift.

[apotheki] 21/12/2023 07:20

Extension of Mandated Lead Arrangers

Emmerson, which is developing the world class Khemisset Potash Project in Morocco ("Khemisset" or the "Project"), is pleased to confirm that it has extended the appointment of the syndicate of leading international and Moroccan banks as initial mandated lead arrangers ("MLAs") to co-ordinate and fund dual-tranche debt financing facilities for the development of the Project for a further 12 months until 31 December 2024.

The four MLAs remain ING Bank, Banque Centrale Populaire, Bank of Africa (Groupe BMCE) and one further international European Bank. ING Bank is mandated to act as Export Credit Agency ("ECA") Co-ordinator and Documentation Bank.

The appointment of MLAs had initially been announced on 13 February 2023, based on a US$310 million dual-tranche project financing facility, to be split between an ECA-covered tranche led by UK Export Finance of US$230 million, and a dual currency (US$ and Moroccan Dirham) commercial tranche of US$80 million.

All other terms and conditions of the mandate letter remain unchanged.

The next step with regard to obtaining environmental approval for Khemisset remains a decision from the Commission Ministérielle de Pilotage (''Ministerial Committee'' or the ''Committee''), which has not yet been in session since our matter was referred in July 2023. Nevertheless, the Company remains optimistic of positive news and will provide an update as soon as information is received.

Chief Executive Graham Clarke said:

"The syndicate of international and Moroccan banks that we appointed as MLAs earlier in 2023 have remained fully supportive of Emmerson as we have continued our efforts towards securing the environmental approval which will allow us to move forwards with the Project.

With regards to our environmental approval, we continue to await the next meeting of the Ministerial Committee, the timing of which is in the hands of the Moroccan government. I can ensure shareholders that we continue to lobby for progress as best we can, however, and I very much look forward to providing an update on this and other matters in due course."

[laurence llewelyn binliner] 21/12/2023 07:19

The Gov committee has not yet convened, and we are still in the game subject to their decisions, funding options extended through to 2025..

[amt] 21/12/2023 07:14

They ensure rather than assure.

[apfindley] 18/12/2023 21:15

3 months and not even an rns.Grim.

[terminator101] 18/12/2023 12:24

Oh dear. 1.2p on the bid for this underperforming lifestyle pish. Don't worry gerbils. It will soon be under 1p.

[qsmeily456] 14/12/2023 08:36

I ❤️ the way the gob💩💩; are silenced 🤣✈A039;💥

[qsmeily456] 04/12/2023 16:52

Naff all cos there's no ESIA when will u lot ever learn 🤣🤣🤣

[septblues] 29/11/2023 12:32

Polyhalite mine in Yorkshire shows NPV of $1.7bn @ $190 per ton

Double that price to approximately $350 per ton and NPV increases 6 X to $13bn

wonder what happens to Emmerson NPV when price per ton increases 2 X ?

[undervaluedassets] 28/11/2023 14:06

My holding was minute. But after speaking to the house broker today I have bought a minute chunk more.

I usually add to a position on an improving story. On this occasion, I have bought because the share price has declined so massively on no news at all.

This may yet prove to be an idiotic decision. But my holding represents 0.025% of my portfolio so I can live with that.

We will see.

[undervaluedassets] 28/11/2023 13:47

Nothing has changed here

The company is still waiting to have a meeting with the Moroccan authorities to get the necessary permissions.

What has changed is investor patience has run out and the shares have collapsed. But that is about investors not the company.

But there is nothing new with the company. And there will be nothing new until that meeting has been held.

But yes, investors have thrown in the towel

[qsmeily456] 23/11/2023 08:08

How much have u lost now apfidley u ramping 🐃💩💩🤣9315;🤣

c65% on the top up alone 🤥

Topping up around 4p I seem to recall 💥🤣🤣

apfindley

29 Jun '23 - 14:46 - 9288 of 9407
0 3 0
Ive loaded up here on the recent price weakness.......4p

🤣🤣🤣🤣9315;🤣ԍ15;🤣🤣;

Instant 30% plus loss 2 🤣 what a massive 🐓

[apfindley] 22/11/2023 23:45

hTtps://www.ips-journal.eu/topics/economy-and-ecology/belarus-potash-industry-is-going-through-the-mill-7139/

[qsmeily456] 20/11/2023 08:23

Because you've got a Yorkshire miner or is it minor 🤣 running the show 🤣🤣🤣

[septblues] 16/11/2023 16:52

Moroccan water is a separate strategic project from Emmerson