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EML Emmerson Plc

2.06
-0.04 (-1.90%)
16 Jul 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
  -0.04 -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

Emmerson PLC Upcoming Investor Events

13/05/2019 7:01am

RNS Non-Regulatory


TIDMEML

Emmerson PLC

13 May 2019

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

13 May 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 London South East Investor Evening and the Mello 2019 conference in London this week.

The London South East Investor Evening will be held from 6.15 p.m. on Tuesday 14th May 2019 at Brewers Hall, Aldermanbury Square (Off London Wall), London , EC2V 7HR. Potential attendees can register using the following link: https://www.eventbrite.com/e/london-south-east-natural-resources-investor-briefing-with-ceos-from-emmerson-plc-alba-mineral-tickets-60299376057?aff=Emmerson

The Mello 2019 conference will be Thursday 16th and Friday 17 May at the Clayton Hotel Chiswick, 626 Chiswick High Road, London, W4 5RY. Tickets for the event can be purchased using the following link: https://www.tickettailor.com/events/melloeventslimited/229964/. The Emmerson PLC team will be at the conference all day on Friday 17 May and CEO, Hayden Locke, will be presenting at 10am.

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 progress made with the 2019 strategy, including ongoing drilling, metallurgical testing as well as the recently commenced Feasibility Study work programme and discussions with potential in-country partners and strategic offtake and sales partners.

 
 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 
                       Financial PR/IR             1177 
 

**ENDS**

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

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May 13, 2019 02:01 ET (06:01 GMT)

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