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EML Emmerson Plc

2.60
0.25 (10.64%)
11 Oct 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
  0.25 10.64% 2.60 5,348,460 15:55:50
Bid Price Offer Price High Price Low Price Open Price
2.50 2.70 2.65 2.35 2.35
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs USD 18.37M USD 13.22M USD 0.0116 2.24 26.77M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:07:24 O 300,000 2.60 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
2024-10-11 16:07:242.60300,0007,800.00O
2024-10-11 15:57:522.641,000,00026,400.00O
2024-10-11 14:55:502.7012,500337.50O
2024-10-11 14:55:322.6090,3652,349.49O
2024-10-11 14:40:292.61100,0002,612.00O

Emmerson (EML) Top Chat Posts

Top Posts
Posted at 11/10/2024 09:20 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 2.35p.
Emmerson currently has 1,139,096,966 shares in issue. The market capitalisation of Emmerson is £29,616,521.
Emmerson has a price to earnings ratio (PE ratio) of 2.24.
This morning EML shares opened at 2.35p
Posted at 04/10/2024 20:00 by bazildonbond
remember this guy, not seen or heard from him on the EML circuit.
Posted at 03/10/2024 13:14 by highly geared
This remains a binary bet on the outcome of the ESIA. The company has spent a lot of time and effort re-engineering the project and the key statement in the RNS is:

“ It is now understood that the approval process is reaching its conclusion, and the Company hopes to be able to announce the outcome, which it is confident will be positive, during this quarter”.

So, whilst nothings guaranteed, it looks favourable odds in the short term for transforming the project to something that can be debt/equity financed and which is valued at many multiples of the current share price.

More than happy to put some in now for a potential 50x if everything goes to plan ( famous last words 😄).
Posted at 03/10/2024 12:50 by weemonkey
This is still a nothing price ... Ask people who bought at 6p and 7p over the last few years whether this is a great price? (And yes.. I am one of those people)

If the permissions come through then and 6p and 7p will look very cheap as this will spike straight through them.

But As things stand this is still a depressed price just a bit less depressed than it was a couple of weeks ago.
Posted at 03/10/2024 11:52 by undervaluedassets
The difference is surely that there has never been such a positive pronouncement regarding approvals for the project from management.. ever. not even when the share price was at 7-9p

That combined with a massively depressed price.. well, you do not need a leak to see the shares move north.
Posted at 03/10/2024 11:50 by apotheki
There are no leaks just hints from the last RNS that potentially the game might just about become explosive [in northwards share price movements]
Posted at 03/10/2024 08:20 by apotheki
Well tomorrow is now today and whilst still early doors of course for dealing in EML shares....it is so far interesting!
Posted at 28/9/2024 13:31 by nash19
I think around 6p easily. A valuation of the around 70m is simple then. Moreover it moves the project on from possible to very likely.I think then OCP will buy it out for 15 to 20p and combine it with the rest of the resource. Remember a OCP generates profits of nearly 1bn USD per annual and it owns the other half of this connected resource AND they have already spent over 50m usd building the decline and preparing a mine.This whole bullshut saga on the permit was all a game, it's now ending and EML has a massive resource, a major and powerful shareholder in the Malaysians.It's painfully late but this is now about to pop.
Posted at 28/9/2024 11:44 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 12:50 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 13:31 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

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