Emmerson PLC (AIM:EML, OTC:EMSNF) chief executive Graham Clarke tells Proactive's Stephen Gunnion that an agreement with Global Sustainable Minerals Pte Ltd to extend the commitment period for a US$40mln convertible loan note subscription out to 30 September 2023 demonstrates the ongoing support it enjoys from its cornerstone investor.
Clarke said the company continues to engage with the authorities in Morocco for the environmental permit for its Khemisset potash project and expects to get the approval in due course.
"I do sense that there's a very clear understanding of the importance of the project, the benefits it will bring from an economic point of view, the jobs it will create," Clarke said. "But it's a high-profile project and it's important that we get everybody on side."
#ProactiveInvestors #Emmerson #potash #Khemisset #AIM #OTC