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EML Emmerson Plc

2.40
-0.05 (-2.04%)
07 May 2024 - Closed
Delayed by 15 minutes
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 -2.04% 2.40 2.30 2.50 2.45 2.40 2.45 637,965 09:03:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 -3.2M -0.0031 -7.74 24.64M

Emmerson PLC Initiation of Research Coverage

04/09/2018 7:01am

RNS Non-Regulatory


TIDMEML

Emmerson PLC

04 September 2018

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

4 September 2018

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

Initiation of Research Coverage

Emmerson Plc, the Moroccan focused potash development company, is pleased to announce that Align Research Limited has completed a comprehensive initiation equity research note on the Company ("the Note").

The Note covers the Company's objective for its flagship Khemisset Potash Project ("Khemisset" or "the Project") in northern Morocco to be a low capital cost, high margin mine development and uses comparable analysis to provide context as to the potential of the Project.

To download the full note please visit the following link:

http://www.alignresearch.co.uk/cpt-company/emmerson/

**ENDS**

 
 For further information, 
  please visit 
  www.emmersonplc.com, 
  follow us on 
  Twitter (@emmerson_plc), 
  or contact:                    Emmerson Plc                Tel: +44 (0) 207 236 
   Hayden Locke                                    1177 
   Edward McDermott 
   James Biddle       Beaumont Cornish Limited    Tel: +44 (0) 207 628 
    Roland Cornish     Financial Adviser           3396 
   Jeremy King        Optiva Securities Limited   Tel: +44 (0) 3137 1904 
                       Broker 
 
   Lottie Wadham      St Brides Partners Ltd      Tel: +44 (0) 20 7236 
    Gaby Jenner        Financial PR/IR             1177 
 

Notes to Editors

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% K(2) O 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRALFFFIAAIVIIT

(END) Dow Jones Newswires

September 04, 2018 02:01 ET (06:01 GMT)

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