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EML Emmerson Plc

0.675
0.00 (0.00%)
13 Dec 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 Shares Traded Last Trade
  0.00 0.00% 0.675 0.00 07:30:22
Bid Price Offer Price High Price Low Price Open Price
0.60 0.70
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs USD 18.37M USD 13.22M USD 0.0116 0.58 7.69M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.675 GBX

Emmerson (EML) Latest News

Emmerson (EML) Discussions and Chat

Emmerson (EML) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-12 15:42:550.67100,000669.00O
2024-12-12 15:37:060.678,96260.00O
2024-12-12 15:33:280.6720,165135.00O
2024-12-12 13:23:050.677845.25O
2024-12-12 10:47:360.67149,3651,000.00O

Emmerson (EML) Top Chat Posts

Top Posts
Posted at 12/12/2024 08:20 by Emmerson Daily Update
Emmerson Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker EML. The last closing price for Emmerson was 0.68p.
Emmerson currently has 1,139,096,966 shares in issue. The market capitalisation of Emmerson is £7,631,950.
Emmerson has a price to earnings ratio (PE ratio) of 0.58.
This morning EML shares opened at -
Posted at 06/12/2024 11:37 by tim000
A completely different industry, but Novacyt took the DHSC to court for breach of contract, in a seemingly open and shut case. Novacyt ended up settling out of court by paying DHSC £5mn. If EML is so confident, why won’t its shareholders fund the whole case themselves? Presumably because they recognise it’s a gamble and EML’s record is not exactly trustworthy. The project was meant to be in production years ago.
Posted at 19/11/2024 07:29 by qsmeily456
From Nashers who always stated the ESIA would be granted, who invested £1000s and lost.....🐘🐓

What matters is the share price that's what investors bought into......and timeframes.

The BOD and that 🐘 Yorkshire 🐓 need to

apologise to all shareholders.....and

take nothing in extra shares

Take a basic admin salary

Fight to get shareholders 10p ps minimum.

And you Nash19 should hang your head in shame misleading many

Apologise on this thread

And donate all your shares to the other genuine losers🫨
Posted at 18/11/2024 21:21 by nash19
Frankly it doesn't matter, nor do most people in EML give a toss about the degree of Morocco's development, now that we know an EML mine will never be built.What matters now is the open and shut case that shows Morocco is guilty of massive breach of an international treaty which they are signatories to.It matters a lot that this treaty is very well established, has over 100 country members and has had many claimants sue the balls off their counterparty.Is 500m claim out of the question ? No.Morocco made a massive error is dishing out favours to OCP while it persecuted EML, quite obviously.It's going to cost the king quite a few a ton of cash and quite a few of his servants their jobs.So please, don't bother with me with more of your pish.
Posted at 04/11/2024 11:30 by pwhite73
cyberbub - "PWhite you've been posting on EML for years. Do you not know that OCP's acreage is next to/surrounding Emerson's?"

I believe my first post ever on EML was last week but more than happy to be proven wrong. That the OCP acreage is next to EML is irrelevant. As far as I'm aware EML acreage has not been handed to OCP. At the moment EML are stuck at the ESIA stage.

This hurdle needs to be cleared first. If the Moroccan government are requiring ESIA standards from EML and not from home grown competitors then they may have a case.
Posted at 01/11/2024 11:17 by foetus in your brain
Expectation was a share price of 10-15p post permit. We have been messed around but it is a huge project and the idea EML loses it for nothing was always fanciful. They've come out swinging now.
Posted at 01/11/2024 10:51 by pwhite73
Read the RNS. Directors will be taking their wages in shares and with a near doubling of the share price it appears they are going to place imminently. Be careful

RNS 28/10/2024 - "ESIA Approval Process, Changes to the Board and Cash Management Initiatives"
Posted at 14/10/2024 10:19 by cyberbub
There are several scenarios now IMO:1. The company clarifies that the refusal is due to minor matters that can be rectified in a couple of months and/or the CRUI issues a decision that they're willing to approve an interim ESIA while the last matters are resolved. The share price rockets back up to 2p+2. The CRUI say there is a need for major revisions, but that the changes seem feasible. The company needs money and has to issue another 500m shares at 0.5p.3. The CRUI drag their heels, talk rubbish and obfuscate. The company decides to appeal and/or take them to court. Most or all staff are laid off to preserve cash. Perhaps a smaller placing to raise £500k for the lawyers. The project goes into hibernation for 2 years while the lawyers slug it out.4. The company approaches OCP and offers to sell the project to them for a minimum reasonable price of 5p, to make sure that Morocco doesn't get a bad international reputation. Still peanuts for OCP.5. The company is unable to raise more funds and goes bust. OCP get the permit for nothing.Personally I think 2. is unlikely as the company has spent ages working on the detailed ESIA. If they haven't got it 90%+ right by now then they're idiots (which I don't believe).I also don't think 5. is likely. While the assets and the mining permit is there, I think there will be an ability to raise some funds, even if only modest amounts.All just my view of course, NAI etc
Posted at 28/9/2024 10:44 by laurence llewelyn binliner
Hard to say on permitting but a lot higher than Fridays close, I hope/expect the BFS funding equity raise to be nearer 10 pence or we will end up with X Billion of shares and a consolidation ..

The Companies issued share capital consists of 1,139,096,966 ordinary shares
GSM own 20% so far

FY2021 - 7 pence
FY2022 - 6 pence
Summer 2022 9.5 pence
FY2023 - 1.5 pence
FY2024 - ??? pence

08.04.2024 EML is pleased to announce that it has entered into a subscription agreement with GSM and GQC together the strategic investors, GSM will subscribe for USD2.0M new shares and GQC will subscribe for USD175K of new shares, at a placing price of 1.75 pence per share. The placing represents a discount of 16.4% to the companies 5-day VWAP of 2.09 pence.

GSM has subscribed for 90,702,948 Shares and GQC has subscribed for 7,936,508 shares
On completion of the Subscriptions, GSM and GQC will be beneficially interested in 20.30% and 2.64% respectively of the companies issued share capital. In addition, the strategic investors will receive a warrant to subscribe for new shares 1:1, the warrants have an exercise price of 3 pence and an expiry date of 31 December 2024.

So these warrants could well be taken up IF the ESIA permit is approved and provide working capital for 2025.. :o)
Posted at 25/5/2023 11:50 by apotheki
The share price is basically immaterial in this context, the MC is the Numero Uno. HFR MC is c £120, EML is currently £50M, so on a 'one size fits' all basis EML's MC after EISA should be 120/50 x share price or c 2.5 x. So 4.8 x 2.5 = 12p. A more realistc basis to judge the MC of both cos is to look at possible EBITDA on full operational output tonnages.

If we use $300 pt as a guide figure, and outputs at both mines is 1M t pa.

HFR Cash cost pt is $91pt, Sale value is $300pt., so contribution to profit is 300 - 91 = 209. x 1M = $209M contribution. This is effectively EBITDA ( Earnings Before Interest, Tax, Depreciation, Amortisation costs.) If we consider an 'average Price/ Earnings ratio (P/E) of 15;1, the MC of HFR would be 15 x 209 = $3.14B. Divided by no of shares in issue 390M gives share price of $8.00, or c 12 $A. ( £6.40)HFR is up 10% today and trading at 0.619 $a. So upside is 20X.

Similarly for EML using C1 of $50 pt ( GW62 figure), MC would be 250 x 1M = 250M x 15 = 3.75$B, divide by No of shares, approx 1B, gives share price of $3.75 or £3,00 ( ExR = 1.25 $;£) so upside for EML is 60X.

Reason for high discrepancy in return on investment from now, 60X cf 20X is the high difference in current share price of both cos. EML 5p HFR 0.6A$ = c 31p.

It should also be noted EML gas !B shares in Issue, HFR has 390M.

For investment purposes EML appears to be the better gamble, but HFR has all the approvals to construct a working mine. EML, and this is Breaking News, does not. To quantify the risk assessment between EML and HFR , it's 60/20 =3.
Posted at 05/5/2023 12:31 by cyberbub
Laurence agreed, investing is all a balance of risks, just like in life in general.I invested here 3.5 years ago looking at the dividend potential also, I expect 4p divis if and when we get to full production and that would allow me to retire early, which would be fantastic.On the other hand if we were offered a takeout at 20-25p after the ESIA award, I personally would be a bit disappointed but not unhappy with that. It would give me say 30-40% of my long term target EML share price, and no more risk. I could invest that elsewhere to (possibly!) double or treble my money and then invest it in low-risk retirement funds which would generate me the equivalent of EML divis in any case.Horses for course, everyone has a different risk appetite, that's what makes a market as they say...The key point is that 6p is seriously undervalued, *if* we get the ESIA...GLA
Emmerson share price data is direct from the London Stock Exchange

Emmerson Frequently Asked Questions (FAQ)

What is the current Emmerson share price?
The current share price of Emmerson is 0.675p.
How many Emmerson shares are in issue?
Emmerson has 1,139,096,966 shares in issue.
What is the market cap of Emmerson?
The market capitalisation of Emmerson is GBP 7.69 M.
What is the 1 year trading range for Emmerson share price?
Emmerson has traded in the range of 0.25p to 3.45p during the past year.
What is the PE ratio of Emmerson?
The price to earnings ratio of Emmerson is 0.58.
What is the cash to sales ratio of Emmerson?
The cash to sales ratio of Emmerson is 0.42.
What is the reporting currency for Emmerson?
Emmerson reports financial results in USD.
What is the latest annual turnover for Emmerson?
The latest annual turnover of Emmerson is USD 18.37M.
What is the latest annual profit for Emmerson?
The latest annual profit of Emmerson is USD 13.22M.
What is the registered address of Emmerson?
The registered address for Emmerson is 55 ATHOL ST, DOUGLAS, ISLE OF MAN, IM1 1LA.
What is the Emmerson website address?
The website address for Emmerson is www.emmersonplc.com.
Which industry sector does Emmerson operate in?
Emmerson operates in the CRUDE PETROLEUM & NATURAL GS sector.

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