Member Info for DShox

I'll hazard a guess the real concern of investors is where is this going because if the captain and his crew are sailing but learning as they go, then passengers aren't as safe as they wish to be. In this sense, it isn't really just a "getting the permit" issue but rather more a credibility and competence test of the management. I remain optimistic while musing about market sentiment toward EML.

Highly doubt that. If the permit was rejected the yes, but not if the co updates that the ESIA continues to advance. I agree on the point about the base level on which to launch however. Much prefer to be sitting at 6p last placing price from which to re-rate.

See where sp is when ESIA comes in and NPV gets an update. Then its a fully permitted DFS stage project. Less advanced projects getting bought. I'd fancy my chances sp will be a bit higher.

Good news is the basic engineering is almost complete, so this final pesky permit hasn't held EML up yet on this workstream. Before going into the DFS update work, looks like EML will want the ESIA approval in hand. Of course, financiers want the certainty too before committing resources as the CEO points out.

Personally don't see breach or at least a significant run above 6p unless EML hits a milestone, whether that is the final permit or engineering studies etc. Just because 6p was the last placing price, MMs won't let it go without a reason.

Question is, will it just be more canapés and ra ra or will any work get done.

I guess the real question is - are we respected enough in country not to have our pants completely pulled down? Doesn't take this long to talk about water as fascinating a subject it is.

Agree on sp. I noticed some 'green boxes' appearing after the rise to the 5.5p zone. Amazing how these bb users were absent for so long prior. EML is still in the toilet and languishing at long term lows but the project is now in my assessment at the point its value cannot be aligned with explorer-developers still trying to prove a resource.

Decent news. Better than sitting here waiting for PET and £750k to keep us running. Could be an interesting project / company that wants a main board listing.

More importantly, it'd be great to see that +10% today.

Indeed but still a bit chilly. Nonetheless, "wouldn't want to be out over the weekend" as they say.

My view is today's update was rather dull.

Still holding mind.

Nice to see EML stick this little rise. Anything holding a gain these days is a joyous occasion (even after 12 months of utter hammering). It would be nice if the company reciprocated with something to celebrate however.

Yes but people seen a bottom, a new bottom, another bottom etc for a year.

Unfortunately the bb is the way it is because EML has essentially delivered fudge all and hidden from regular investors for a year and a half. I remain confident it will come good but the Board deserves criticism for missed targets and hot/cold approach to engagement. If I was prepared to put more money into AIM today, the current sp and timing looks good but I'm content with my position.

Broker's got nothing to say because the company's got nothing to say and they're both being paid. Surely there's a business out there that wants a main board listing.

Trying to give this one the benefit of the doubt because I assess this as more of a timing issue rather than an impossibility of engineering solutions. After long periods of silence, the updates regarding offtakes and financing do instil confidence that our directors are convincing the right calibre of person that Khemisset is worthy of development. I suspect we get our investor meet post "water permit". Regarding sale, my view is the Board have in the past promoted Khemisset for such an outcome but have had to push it further down the development track. Once that final permit is in, all engineering studies done and DFS economics updated, I believe EML will be "oven ready".

I think this is perhaps the longest period since an RNS. Is the long wait going to be blamed on SVB? I mean if you leave it long enough, you'll be onto the next big media story.

No idea what these directors are doing or have done other than collect salary and deplete cash in the bank.

5th from right on the group shot I think.