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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 -1.02% 4.85 4.80 4.90 4.90 4.725 4.90 2,649,739 11:41:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 0.0 -1.1 -0.2 - 33

Emmerson PLC Initiation of Research Coverage

26/05/2020 8:33am

RNS Non-Regulatory


TIDMEML

Emmerson PLC

26 May 2020

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

26 May 2020

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 covers the world class potential for its flagship Khemisset Potash Project ("Khemisset" or "the Project") focusing on its potential 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 
   Damon Heath        Shard Capital Partners   Tel: +44 ( 0) 20 7186 
                                                9950 
   Isabella Pierre 
 
   Isabel de Salis    St Brides Partners Ltd   Tel: +44 (0) 20 7236 
    Megan Dennison     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

NRASEFSWMESSEDI

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May 26, 2020 03:33 ET (07:33 GMT)

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