Emmerson Share Discussion Threads

[a1samu] 23/1/2019 10:00

Align Research is not brave enough to speculate the likely commencement of returns to shareholders, with the research conveniently covering losses to 31 December 2020!

Production is unlikely to commence before 2022!

When will value creation commence and when will the substantial returns commence from and at what rate to shareholders?

The Research is also explicit in pointing out that finance providers of the $400M+ required, will dilute massively the interest of the IPs!

The target price of 13.48p is pie in the sky and why should anybody pay it before 31 December 2020 or later!

[a1samu] 23/1/2019 09:57

Beware small investors.

This is a total speculation, not being able to attract any of the institutions, with no revenue for years and unclear where the $405M investment requirements is coming from and when?

There is no prospect of income for years in a crowded market place, where supply is over abundant! In the meantime the only beneficiaries are the directors, when it is confirmed that the company is cash flash at the moment, their wages being secured for now, with unlikely returns of any sort for the private investors anytime soon!

Only invest whatever you can afford to lose, to these swish directors, who have been round the block clearly and are doing all the right things to advance their own interests.

[parob] 23/1/2019 09:01

New interview of Haydan just outZak Mir25 mins agoHayden Locke, CEO at Emmerson Plc discusses the aftermath of the scoping study, de-risking the project and the journey to being a low cost potash producer.hTTps://tinyurl.com/y8pg5yax

[parob] 23/1/2019 08:25

Emmerson tweet:hTTp://www.theafricareport.com/Mining/mining-a-big-green-mining-machine.htmlInteresting article on OCP – a major global supplier of phosphate –Morocco's leading company. Through rigorous investment and innovation, OCP have succeeded in rapidly growing its business with further plans to diversify and expand in the upcoming years

[cottoner] 19/1/2019 19:05

"The exceptional results of our Scoping Study, which show Khemisset has the potential to be among the lowest capital cost and highest margin potash projects in the world, gives us a high degree of confidence to push ahead with our technical and engineering work. Based on current planned work programme, we are fully funded through until Q1 2020.

[apfindley] 19/1/2019 18:06

The market cap printed here on advfn is like a factor of 15 wrong.The market cap is currently £19mill, not £1.2mill as there are 626 million shares in issue.

[apfindley] 19/1/2019 17:57

Feels like there's a placing coming.The signs are all there.Paid-for Align research note.A bit of twitter pumping...and The guys pumping it will have already taken part in the upcoming placing, as they're always the ones to find out first.

[parob] 18/1/2019 15:08

Another chance to buy under IPO price. Won't last long. Nice uptrend forming on the chart.

[tsmith2] 18/1/2019 11:27

Is this another align pump and dump?

[bazildonbond] 18/1/2019 07:36

Anyone going to the "Investor Evening" on the 29th January in Brum?

[parob] 16/1/2019 20:46

Emmerson – 2019 to be a year of high impact news flowJanuary 15, 2019 |By Dr. Michael GreenhTTp://www.alignresearch.co.uk/emmerson/emmerson-2019-to-be-a-year-of-high-impact-news-flow/As the company moves closer to taking the production decision, there will also be increasing news concerning strategic discussions with offtake and sales and marketing partners. Plus, there are going to be the start of what will be in-depth discussions with in-country service providers for co-operation on various aspects of Khemisset Project such as: gas supply, electricity connection and supply, transport and logistics studies, and port site investigation.It's a considerable workload offering the chance of a series of highly positive announcements. Based on the current work programme, Emmerson is fully funded until Q1 2020. Looking further ahead, there are probably 4 or 5 different ways of financing the project into production. The board of Emmerson has raised more than US$600 million for junior mining companies, of which more than US$400 million has been raised for potash projects. So, the team know where to look for finance. Besides traditional finding solutions, Khemisset is likely to attract strategic interest when the project has been fully designed. Here, it should be mentioned that the project is based in northern Morocco, a country where fertiliser giant OCP requires significant potash feedstock.

[parob] 15/1/2019 18:08

Vox Markets - podcast hTTps://www.voxmarkets.co.uk/articles/vast-resources-tekcapital-emmerson-and-alan-green-f935248/ (Interview ?starts at 23? minutes 58 seconds) Hayden Locke, Chief Executive Officer of Emmerson (EML) talks through some of the key work streams and newsflow expected for the company in 2019.Emmerson's primary focus is on developing the Khemisset Potash Project located in Northern Morocco. The project has a large JORC Resource Estimate (2012) of 311.4Mt @ 10.2% K2O and significant exploration potential with an accelerated development pathway targeting a low capex, high margin mine. Khemisset is perfectly located to capitalise on the expected growth of African fertiliser consumption whilst also being located on the doorstep of European markets. This unique positioning means the project will receive a premium netback price compared to existing potash producers. The need to feed the world's rapidly increasing population is driving demand for potash and Emmerson is well placed to benefit from the opportunities this presents. 

[bobby1904] 15/1/2019 13:09

Vox Podcast our today with Hayden Locke interview....Enjoy!

[mad foetus] 15/1/2019 11:21

Does seem worth a flutter at this price. It will need funding at some point, but the challenge is to get the share price to a high enough level for that funding to be fair and not too dilutive. And given directors were buying above this price, you can be sure their priority will be to get share price into double figures before they start negotiating further funding in Q3.

[parob] 15/1/2019 10:58

You won't be able to buy in cheaper than the IPO price for much longer. Surprised there isn't more interest in this one, especially at this price and will all the progress to date! Management have delivered so far.

[cpap man] 15/1/2019 10:50

Hayden Locke, CEO of Emmerson, commented:

"The exceptional results of our Scoping Study, which show Khemisset has the potential to be among the lowest capital cost and highest margin potash projects in the world, gives us a high degree of confidence to push ahead with our technical and engineering work. Based on current planned work programme, we are fully funded through until Q1 2020.



"With numerous workstreams either underway or due to commence throughout the year, including drilling, metallurgical testing, the Pre-Feasibility Study and discussions with potential in-country partners and strategic offtake and sales partners, we expect 2019 to be a year of high impact news flow as we continue to de-risk what we believe to be an outstanding potash project."

[bobby1904] 15/1/2019 08:05

Agreed! The potential is massive. Align Research note in Nov after Scoping Study was published have Conviction Buy recommendation with target 13.48p price. This will end up getting bought out imo most likely by OCP. Can't see it being lower than £100m-£150m mkt cap. Massive multi bag potential with big milestone already passed. More to come with cash already in the bank. So much to love here!!

[parob] 15/1/2019 07:53

Based on current planned work programme, we are fully funded through until Q1 2020.

[parob] 15/1/2019 07:38

High impact news flow throughout 2019 will help to get this little gem of a company on the radar of a much wider audience. Exciting times ahead.

[cpap man] 15/1/2019 07:15

Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining

15 January 2019

Emmerson Plc ("Emmerson" or the "Company")

Corporate Update



Emmerson Plc ("Emmerson" or "the Company"), the Moroccan focused potash development company, is pleased to provide an update on operational activities anticipated for 2019 at its flagship Khemisset Potash Project ("Khemisset" or "the Project") in Northern Morocco following the delivery of its Scoping Study ("the Study") at the end of Q4 2018 (see RNS on 20 November 2018) which confirmed Khemisset's technical and economic viability.



As previously announced, the Study showed the Project has the potential to be amongst the lowest capital cost potash projects in the world, while delivering EBITDA margins in excess of 60% over a minimum mine life of 20 years. The Study also highlighted the outstanding economics of the Project, including an NPV10, using industry expert Argus FMB's price forecasts, of more than US$1.1billion, and extremely robust cashflow generation, even at low potash prices.



The Scoping Study gives Emmerson the confidence to push ahead with its strategy to rapidly de-risk the Khemisset Project and move it towards production. Work streams for 2019 include:



Key Work Streams and Newsflow for 2019

· Infill and exploration drilling to confirm and expand the mineral resources at Khemisset underway with initial drilling results expected in coming months

· Upgrade current JORC compliant Inferred Mineral Resource Estimate of 311Mt at an average grade of 10.2% K2O, incorporating pending drill results

· Metallurgical test work programme to confirm process flow sheet for Pre-Feasibility Study

· Commencement of Pre-Feasibility Study

· Commencement of Environmental and Social Impact Assessment and permitting processes

· Strategic discussions with offtake and sales and marketing partners

· Commencement of discussions with in-country service providers for cooperation on various aspects of Khemisset Project including:

o Gas supply

o Electricity connection and supply

o Transport and logistics studies; and

o Port site investigation.



Hayden Locke, CEO of Emmerson, commented:

"The exceptional results of our Scoping Study, which show Khemisset has the potential to be among the lowest capital cost and highest margin potash projects in the world, gives us a high degree of confidence to push ahead with our technical and engineering work. Based on current planned work programme, we are fully funded through until Q1 2020.



"With numerous workstreams either underway or due to commence throughout the year, including drilling, metallurgical testing, the Pre-Feasibility Study and discussions with potential in-country partners and strategic offtake and sales partners, we expect 2019 to be a year of high impact news flow as we continue to de-risk what we believe to be an outstanding potash project."



For further information, please visit www.emmersonplc.com, follow us on Twitter (@emmerson_plc), or contact:

Hayden Locke

Emmerson Plc

Tel: [phone]

[parob] 14/1/2019 12:42

Link to research note from Nov 2018 and things have positively progressed since then:



We have updated our coverage of Emmerson with a Conviction Buy stance and an increased target price of
13.48p.

[m4rkyj] 04/1/2019 18:23

Happy New Year all !

Heres hoping for a much better 2019 for EML.

[cpap man] 31/12/2018 10:20

paleje31 Dec '18 - 09:33 - 548 of 548

Interesting, mining industry veteran Rick Rule sees explorers getting better appreciated in 2019, they've had a tough time and are undervalued. Interview 22 Dec.

[burtond1] 31/12/2018 07:52

https://total-market-solutions.com/2018/12/31/our-outlook-for-2019-part-2/

[parob] 30/12/2018 09:11

A series of Ed McDermott tweets (@edmcdermott12) from the 4th Dec - share price was 3p at the time:#EML while I'm very disappointed with the current share price, I am pleased with the speed and precision of the operational development. Our scoping study is superb and we are well funded till 2020. #PotashIt has been anti-climatic and I think it comes down to investors believing that future capex requirements are going to require big equity placings. A project of this scale with this level of IRR it's a very good fit for banks to project finance.EML funded into early 2020 which Hayden has stated in interviews and RNS. The team achieved project financing for Highfield on a lower IRR (at the time). I have confidence Khemisset is a very financeable project and of national importance in Morocco.Hayden is an exceptional CEO, I believe his knowledge of the Potash market is second to none. He is not short of job offers and wouldn't be running EML if he didn't believe it was significant. This is not advice or recommendation to buy, hold, sell etc. Always do research.Re future items there are many to look forward to. I can't discuss specifics but the Scoping study is just the beginning of development. Potash is a favourite of a number of major miners, Potash miners achieve similar ratings to chemical co multiples