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Emmerson PLC CEO highlights 'significant' cost savings for gas & power supply at Khemisset

Emmerson Plc's (LON:EML) Hayden Locke speaks to Proactive London's Andrew Scott following the completion of a full cost estimate for the capex around electricity and gas supply at its Khemisset potash project in Morocco.

Total budgeted cost for supply of electricity from the existing electrical infrastructure is around US$10.6mln which represents a saving of close to US$71 million, or 87%, when compared to many of its Canadian peers.

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Price: 4.35 GBX

LSE:EML
Market: LSE
Market Cap: £31.61 m
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Emmerson PLC's Hayden Locke talks fundraise and strong team to lead...

Emmerson PLC's (LON:EML) Hayden Locke caught up with Proactive London's Andrew Scott following the news it's raised £1.72mln of new capital with funds earmarked to accelerate the development of the Khemisset potash project. The funding comes after the delivery of a positive feasibility study...

3 weeks, 2 days ago

2 min read