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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.04 | -1.90% | 2.06 | 2.00 | 2.20 | 2.10 | 2.075 | 2.10 | 936,687 | 16:35:06 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -2.99M | -0.0026 | -8.08 | 23.92M |
TIDMEML
Emmerson PLC
08 April 2019
Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining
8 April 2019
Emmerson Plc ("Emmerson" or the "Company")
Quarterly Newsletter
Emmerson Plc ("Emmerson" or "the Company"), is pleased to announce that it has launched a quarterly newsletter ("The Newsletter").
The Q1 Newsletter features a summary of key milestones achieved in the quarter including the commencement and completion of the Environmental & Social baseline study and the appointment of potash processing expert Don Larmour as a consultant; both of which are key milestones towards the feasibility stage. Further news in the quarter included the identification of significant potential cost savings through the review conducted by Mr Larmour and by securing the opportunity to utilise the Port of Casablanca significantly enhancing the already outstanding economics of the Khemisset Potash Project.
The Newsletter also provides a recap of the investor events attended by the Company's management and also a commentary on the current highly favourable potash market dynamics.
The Newsletter is available on the Company website here: https://www.emmersonplc.com/investors/company-newsletters/.
**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 Gaby Jenner St Brides Partners Ltd Tel: +44 (0) 20 7236 Melissa Hancock 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.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
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
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(END) Dow Jones Newswires
April 08, 2019 04:15 ET (08:15 GMT)
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