Company
Emmerson PLC
LON:EML
Emmerson PLC is a potash development company focused on the development of the Khemisset Potash Project in Northern Morocco. The Khemisset Potash Project has a large JORC Resource with significant upside from exploration target. The recent Feasibility Study has confirmed Khemisset’s potential to be a financially robust project that delivers strong NPVs and cashflows through a range of potash prices.
94 stories
Emmerson sees Liberum Capital repeat 'buy' rating folllowing offtake agreement news
The Liberum analysts said this is an "important endorsement, the non-binding MOUs set out key terms for subsequent formal bankable agreements, and de-risk the project for debt and other financiers"
Emmerson signs offtake deals for potash and salt from Khemisset
Demand for potash remains very high, as the Ukraine war continues to constrain supply
Emmerson offers best-in-class potash potential, says broker
Khemisset’s myriad advantages should result in highly competitive delivered costs to Atlantic Corridor markets
Emmerson well positioned following funding, say Shore Capital and Liberum
Once construction is completed, Emmerson should be able to capitalise on the higher prices for fertiliser
Emmerson reschedules US$40mln of loan notes, raises US$6mln via subscription and potentially more from retail investors
The potash price continues to be strong in the face of ongoing constraints to supply
Emmerson's Khemisset potash project could be key, says Liberum
War in Ukraine emphasised the need for reliable potash supply
Emmerson continues to advance development work and financing talks for the Khemisset potash project
Higher food prices and constricted potash supply will support a strong pricing environment for the forseeable future
Emmerson posts financials for year to December
Geography and geopolitics make Morocco an attractive location for a potash asset
Emmerson’s Khemisset is “just the ticket” - Liberum
Liberum rates Emmerson as a 'buy' with a 14.8p price target.
Emmerson says surging price of fertiliser has boosted interest in Khemisset project
War has impacted the global potash market, with 38% of the world’s supply originating from Russia and Belarus
Emmerson names Jim Wynn as new CFO
He joins the company having help senior positions at resource companies
Emmerson selects Moroccan firm Reminex for basic engineering work at Khemisset
"Reminex has extensive experience accrued over decades of operating within the Moroccan mining sector"
Emmerson kicks on with work at Moroccan potash project as first contractor appointed
The company said it expects to select further contractors for the basic engineering before the end of this year with contracts signed by January 2022
Emmerson gets set to capitalise on high margin Khemmiset project in growing potash market
The financing consists of US$6.75mln in new equity and US$40mln in convertible bonds
Proactive news headlines: Emmerson, BATM Advanced, Tirupati Graphite...
A glance at some of the day's highlights from the Proactive Newswire
Emmerson rises 14% after receiving US$47mln of Singaporean backing for its Morocco potash project - UPDATE
The company sees the investment as a 'major endorsement' of the Khemisset asset
Emmerson encouraged by rising price of potash
“We have a tailwind, and we intend to use it to move our project into production"
Emmerson appoints former EU ambassador to Morocco as non-executive director
Emmerson is currently finalising the environmental approvals for construction at the Khemisset project
Emmerson says environmental approval process for Khemisset potash project nears completion
It is in talks with potential strategic equity investors, debt financiers and providers of alternative finance (such as royalties and streams)
Emmerson tables full-year results, with construction at Khemisset set to begin by year-end
Financing discussions are well underway, with around US$254.6mln required for construction
Emmerson appoints new chairman as it makes key move onto AIM
"The move to AIM is a key element of our growth strategy which is focused on developing the Khemisset potash project in Northern Morocco," said CEO Graham Clarke
Emmerson gets positive reaction to phased development approach at Khemisset potash project
The company is going with a four-phase approach. Subsequent phases through to full production would likely be financed from internal cash flows, it said
Emmerson applies for admission to AIM market
The potash developer said it is planning to cancel its listing on the standard segment of the LSE's main market and be admitted to AIM on April 27
Emmerson hails appointment of experienced non-executive director
James Kelly, the founder and non-executive chairman of mining royalty and streaming firm Trident Royalties, joined the board of the potash developer on March 22
Emmerson says higher potash prices increase financing options for Khemisset project
The company plans to start building the Africa's first potash mine by the end of 2021 and to commence production in 2023
Emmerson plans move to AIM from the Standard List
Studies have shown that the Khemmiset project could deliver significant economic return
Emmerson raises £5.5mln in share placing
Emmerson is investigating the possibility of boosting proposed output at Khemmiset
Emmerson PLC looks to get funding for Khemisset in place by the end of the first half of the year, with construction planned at year end
Emmerson has an attractive project, and the team in place to get in built
Emmerson looks at expanded and staged development for Khemisset potash project
"Khemisset is a project of enormous potential and we see several opportunities to improve upon the mine plan presented in the 2020 Feasibility Study,” said Graham Clarke.
Emmerson making rapid progress on low-cost potash project
Emmerson owns the Khemisset potash project in Northern Morocco
Emmerson granted mining licence for Khemisset potash project
The project is expected to deliver considerable benefit to the local Moroccan economy
Emmerson release sustainability report, aims to “do the right things in the right way”
"The Khemisset project will not only contribute to the overarching agenda of enriching agricultural soils to provide affordable food for the world's growing population, but will have a positive impact on the local area," said chief executiv
Emmerson outlines achievements in 2020 and goals for 2021
The immediate goal is to get the Khemisset project shovel-ready
Emmerson appoints CEO to board of directors
The appointment of Graham Clarke to the board was effective from December 22
Emmerson announces launch of new corporate branding and an updated website
The symbol used in the logo and branding is a geometrical design inspired by an octagonal star represented as two overlapping squares, merged with a flower blooming
Emmerson completes ESIA assessment for Khemisset potash project
“The ESIA has been done to the highest standard recommended by the World Bank, with no corners cut," said chief executive Graham Clarke.
Emmerson says advancing to make Khemisset mine ‘shovel ready’
The group's emphasis is on permitting, optimisation and mine planning along with project funding efforts
Emmerson highlights progress at Khemisset project
The company said multiple work streams are currently in progress to further de-risk the project and provide confidence in its finance and due diligence processes
Emmerson’s planned Khemisset mine promises to boost local GDP by 40%
A socio-economic study found that the potash mine project will create thousands of jobs, pour cash into Moroccan supply chains and generate local, regional and national tax revenue
Emmerson raises £1.72mln in oversubscribed placing to accelerate development of Khemisset potash project
Demand for the new shares significantly exceeded Emmerson's minimum target for the funding
Emmerson appoints experienced potash expert Graham Clarke as chief executive
Clarke said he was "delighted to be joining Emmerson at this important stage in its development"
Emmerson moving to build-out, engineering and financing, following publication of robust feasibility study
The NPV of the Khemisset project could rise significantly as growth options are examined
Emmerson moves on to financing and permitting, after delivering robust feasibility for Khemisset
Emmerson's project will be in the lowest cost quartile
Emmerson PLC poised to deliver world-class potash project
Emmerson's feasibility study for Khemisset improved significantly on the scoping study
Emmerson completes feasibility to confirm Khemisset as low cost, high margin potash mine
Following the successful feasibility study the company intends to advance permitting efforts as well as project financing talks
Investments and investor services
System1 Group pulls out of tailspin
A look at the day's major movers, including Energean Oil and Gas, Kier Group, Spectra Systems, Mayan Energy, Ascent Resources and Emmerson
Emmerson’s low-cost potash mine will have customers right on its doorstep
Emmerson PLC has a low cost potash project with potential customers right on its doorstep
Emmerson shares leap as it re-joins LSE following fundraise
The potash investment group said it had raised gross proceeds of £6mln through a “significantly oversubscribed” placing of 200mln new shares
Monreal shares collapse as it seeks to transfer to NEX from AIM
A look at some of the biggest risers and fallers in London on Monday
Emmerson PLC active in the hunt for resources deals
It may have taken a bit of a beating following the global financial crisis but the London-Australia resource-finance axis still survives in various forms.