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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
13 March 2019
Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining
13 March 2019
Emmerson Plc ("Emmerson" or the "Company")
Upcoming Investor Events
Emmerson Plc, focused on developing its low capital cost, high margin potash project in Morocco, is pleased to announce that it will be attending and presenting at both the Share Talk Investor Evening and the UK Investor Show in London later this month.
The Share Talk Investor Evening will be held from 6.30 p.m. on 29 March 2019 at The Counting House, 50 Cornhill, London, EC3V 3PD and potential attendees can register using the following link: https://www.eventbrite.co.uk/e/share-talk-investor-evening-29th-march-london-2019-presenting-thor-mining-plc-panther-metals-plc-tickets-56699787591?aff=ebapi.
The UK Investor Show will be held from 9.00am on 30 March 2019 at the Queen Elizabeth II Conference Centre, Broad Sanctuary, Westminster, London SW1P 3EE. Tickets for the event can be purchased using the following link: https://www.ukinvestorshow.com/tickets/.
The Company will be presenting on the world-class Khemisset potash Project, whose outstanding economics were confirmed by a Scoping Study, published late last year. The study confirmed the project has a rare combination of low capital cost to production, among the highest EBITDA margins in the industry and a post-tax NPV10 of approximately US$1.1bn using industry expert (Argus FMB) price forecasts.
Management will give an overview of recent developments at the project, as well as outlining its strategy for the rest of 2019, including drilling, metallurgical testing, commencing the Pre-Feasibility Study and discussions with potential in-country partners and strategic offtake and sales partners.
**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.
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March 13, 2019 03:02 ET (07:02 GMT)
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