Emmerson PLC's (AIM:EML, OTC:EMSNF) Khemisset potash project is “best-in-class” and is key in ensuring global food security, that's according to stockbroker Liberum, which today repeated a 'buy' recommendation for the London-listed share.
War in Ukraine emphasised the need for reliable potash supply, the broker highlighted in a note spotlighting Emmerson’s project in Morocco.
With a target price of 14.2p the broker sees substantial upside to the current price of just over 7p.
Liberum's analysts, in a note, said that the company's latest market update has shown significant progress in terms of construction decisions and discussions with banks for financing.
Caerus Mineral Resources PLC (LSE:CMRS) noted that BMG Resources Ltd (ASX:BMG) has invoked the dispute resolution process with New Cyprus Copper PA Ltd (NCC), part of Caerus Mineral's Cypriot portfolio.
NCC owns a 90% interest in Treasure Development Ltd (TDL) in Cyprus and is also responsible for maintaining and progressing other Cypriot projects. ASX-listed BMG is a minority shareholder in TDL with a 10% interest.
Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF) said it intends to trade on the official list of the Australian Securities Exchange (ASX).
The listing reflects the global demand for a sustainable supply of lithium to facilitate the transition to a lower-carbon future, the AIM-traded company said in a statement.
Members of Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) senior management have bought shares in the market - chief operating officer Brad Gray bought 25,000 shares at 111.3p, and, chief financial officer Eric Williams bought 10,000 shares at 111.2p, taking their holdings to 2.39mln shares (0.281%) and 434,954 shares (0.051%) respectively.
Customer engagement and security specialist Eckoh PLC (AIM:ECK, OTC:EKTPF) is hosting a capital markets event for analysts and investors on October 11. For more information contact eckoh@fticonsulting.com.
4GLOBAL PLC (AIM:4GBL) said a company in which chief executive Eloy Mazon has bought 53,000 shares on-market at 70.12p each. He now holds 13.4mln shares, representing 50.95% of the business.
Sunrise Resources PLC (AIM:SRES) has raised £100,000 of new capital in a share placing with the proceeds earmarked to support working capital.