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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Emmerson Plc | LSE:EML | London | Ordinary Share | IM00BDHDTX83 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.05 | -2.22% | 2.20 | 2.10 | 2.30 | 2.20 | 2.20 | 2.20 | 50,000 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -3.2M | -0.0031 | -7.26 | 23.1M |
TIDMEML
RNS Number : 7833B
Emmerson PLC
16 February 2022
Emmerson Plc / Ticker: EML / Index: AIM / Sector: Mining
16 February 2022
Emmerson Plc ("Emmerson" or the "Company")
Appointment of Corporate Broker
Emmerson, the Moroccan focused potash development company, is pleased to announce the appointment of Liberum Capital Limited as a joint corporate broker alongside Shore Capital Stockbrokers Limited and Shard Capital Partners, effective immediately.
**ENDS**
For further information, please visit www.emmersonplc.com , follow us on Twitter (@emmerson_plc), or contact:
Emmerson Plc +44 (0) 20 7236 Graham Clarke 1177 Shore Capital (Nominated Adviser and Joint Broker) +44 (0)20 7408 Toby Gibbs / John More 4090 +44 (0)20 3100 Liberum Capital Limited (Joint Broker) 2000 Scott Mathieson / Lydia Zychowska Shard Capital (Joint Broker) +44 (0)20 7186 Damon Heath / Isabella Pierre 9927 St Brides Partners (Financial PR/IR) +44 (0)20 7236 Susie Geliher / Charlotte Page 1177
Notes to Editors
Emmerson's primary focus is on developing the Khemisset project ("Khemisset" or the "Project") located in Morocco. The Project has a large JORC Resource Estimate (2012) of 537Mt @ 9.24% 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. The Feasibility Study released in June 2020 indicated Khemisset has the potential to be among the lowest capital cost development stage potash projects in the world and also, as a result of its location, one of the highest margin projects. This delivered outstanding economics including a post-tax NPV10 of approximately US$1.4 billion using industry expert, Argus', price forecasts.
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END
APPSFAFMIEESEIE
(END) Dow Jones Newswires
February 16, 2022 02:00 ET (07:00 GMT)
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