Emmerson Share Discussion Threads

[mabelf1] 28/3/2024 16:24

Has to be some impact from the HZM situation on ability to raise debt/export credit finance here - or at least terms of such finance. Equity dilution will be gargantuan given size of capex bill.

If the permit doesn’t come through, investors might be spared chucking more money down the same sinkhole.

[apotheki] 28/3/2024 14:45

End of the trading month and quarter today - then just 4 trading days to the end of this tax year next week.

Reckon that ahead of the new tax year that next week could be better for small caps including of course Emmerson.

[qsmeily456] 26/3/2024 18:36

2 🤣 easy money 🩳 the rampers 🐂💩

[qsmeily456] 21/3/2024 11:35

Exit while you can at 2.6p or above.....no ESIA =0.5p if you're lucky 🫨

[apotheki] 20/3/2024 10:33

That large end of tax year sell yesterday didn't help but the shares are now back on the up again. Must say I can not wait to see the end of the tax year pass on by. On that note looking forward to better small cap markets post the Easter holidays.

[qsmeily456] 19/3/2024 18:46

Brilliant thanks losers 🤣

[qsmeily456] 19/3/2024 09:14

🩳🩳 the spikes 🫨

[qsmeily456] 18/3/2024 19:26

Nashers is a 🐂💩💩🐓 couldn't predict 👧 own birthday.

Been wrong for the last 4 years 🫨

[apotheki] 12/3/2024 12:15

Well at least yesterdays GAP has now been very quickly closed. Onwards & upwards....

[nash19] 12/3/2024 09:18

The upside risk is now massive. I expect this to be approved by June and I'd not rule out a swift determination on what's next for EML after.

[fightingdata642] 11/3/2024 12:38

Appreciate the info Donald and co. Fingers crossed.🤞
27996;

[lurker5] 11/3/2024 12:38

This may be a good bet in the long run. But it will be a VERY long one. Few will invest until a BFS confirms the plan. And an NPV, which not only is NOT the price a sensible investor should pay, has to be fantasy so far away and before an up to date feasibility study firms up on all the numbers. Brokers use it to puff up the shares they want to flog. Institutional investors take no notice of them.

[amt] 11/3/2024 10:44

Months rather than years I would have thought. Local Government will want to get it underway for employment in the area

[allinforabigprofit] 11/3/2024 10:39

Glad we have progress. Where is the timeline? Cannot help think this was the plan all along? Have we to wait another six months? A clue would been helpful?

[amt] 11/3/2024 09:23

Yes Government Green light.
Local Government must surely have wanted to Green light it before but weren't confident enough so pushed it higher up the command. If local Government had been against it they wouldn't have pushed it up to Government.

[donald pond] 11/3/2024 09:07

It's the way things work in most countries. Civil servants prefer not to make decisions: if in doubt, refer. Now it has been referred back that means the government doesn't object. So should be full speed ahead. I would hope new application could be made by month end with approval within 4-6 weeks after that

[amt] 11/3/2024 09:00

No, they already submitted to the local body, presumably they wanted to approve it but wanted the Government Green light. The Government has given it the Green light and passed it back to local Government. They will update the original application and then very likely get approval now I would have thought.

[pensionplanner] 11/3/2024 09:00

Yes probably comes down to Government being ok with what was stuffed in an envelope but referring it back to CRUI with another little brown envelope to gain their support

[undervaluedassets] 11/3/2024 08:58

step in the right direction today.

[fightingdata642] 11/3/2024 08:49

Sorry guys just being the pragmatic one here. We were led to think ministerial committee would be approving/denying the ESIA. Surely now they've referred it back and there's another EIA to complete and submit this could be another 1-2 year wait? Do EML even know the process?

[tightfist] 11/3/2024 08:45

I may be over-thinking this - is there a more strategic aspect of U.K.-Morocco future relationships being played-out, that paces the EML Khemisset approval? "The cable will provide the UK with renewable energy from Morocco in what the government has called a "project of national significance"".https://www.google.com/url?q=https://electrek.co/2023/10/02/worlds-longest-subsea-cable-morocco-uk/%23:~:text%3DThey%27ll%2520follow%2520a%2520shallow,slated%2520to%2520launch%2520in%25202029.&sa=U&sqi=2&ved=2ahUKEwi7u42T5uuEAxWrZ0EAHRyDB_AQFnoECA8QBQ&usg=AOvVaw2a-GK9MmSf5yu4HRG1j60q

[amt] 11/3/2024 08:26

So perhaps 7p today and 10p to 15p on approval then given 30p npv ?

[amt] 11/3/2024 08:22

So just to confirm then. Project approved at Government level, now up to local level to give the goahead. Sounds like its very likely to be approved then, surely ?