Member Info for DShox

Fair to say 66% will be debt? So if we're at $310m, are we not perhaps $450m - similar to previous? Anyway, certainly some updates figures run and at higher potash price and engineering improvements, NPV should be considerably up from DFS.

I took away similar including that capex has been updated without any significant uplift, which could be a result of efficiencies offsetting some inflation aspects. One can be assured some grown ups have looked at this and like what they see. The UK ECA indeed a large plus.

RNS pretty clear and mood music is positive. I can tolerate the lack of comms if after the waiting, these are the sorts of milestones being laid and announced. While we languish at half last May's peak, I'm confident we are on track.

Long wait. Still swimmimg.

Slightly struggling with the messaging in that last RNS. Before, we had gas assets near premium markets near infrastructure with tens of millions of historic spend. Now, we're a bit far away and upset about an LNG project?

I can answer that - because there's no point in EML playing 'guess/set the arbitrary date'. However, we do know there's still been nothing material raised to prevent its eventual granting, so do cheer up a little.

Just takes fudging ages to get hold of but EML has gone well beyond minimum guidelines and responded to Q&A. I hate to use the over-used - patience - there, I said it.

Agree. Indeed there was no way on earth EML could've delivered full engineering and been construction ready by end of this month to bag the $40m. ESIA could conceivably have been secured. Anyway, good to see it extended. Hopefully with that commitment secured and perhaps supported by offtake financing, could the full project equity contribution be covered without further dilution? That'd be a result.

Explains the sp drop. GSM in for another $6m at 6p but most importantly, fully funds EML to main construction ($9m in Bank post this) and $40m facility at 8.2p extended by 1 year. Confident statements on financing and ESIA to accompany. Just have to wait for ESIA before the sp reacts.

No idea. Huge move down and very little selling. But, in the absence of anyone talking to shareholders we have no idea how the management is performing against targets set out at the beginning of the year. Is what it is. Until proven either way, nothing to do but wait.

Muga Project is now in early phase construction but as far as I can tell, the company hasn't announced the project equity for main construction though has done the hard work of getting its banking syndicate finalised. CEO will be driving a hard deal. Point is, having not undergone any dilution, HFRs mcap is 3x EMLs. If this leadership can give the market some certainty, there's a big climb ahead. At least we're due a quarterly activities update?

'have' not 'of'!

Yeah tbf I'm not reviewing my position in EML because the sp hasn't gone up or others of sold, forced to or otherwise. If and when the workstreams complete, the sp will react to international fundamentals. I'd like to say this is now ludicrously cheap. Time will tell whether the leadership completes technical work, secures conditional financing syndicate and main permit in 2022 and we find ourselves at even half of Highfield's sp!

Ah, nowt to do but wait. Bit of a rubbish year all round but we're not finished yet! Aside from the parts under more direct control of EML, I imagine we're all remaining invested on the premise of important financing negotiations taking place in the background. Not all PIs will hold through the journey.

Just another day and a fickle market wanting news. Be nice to get an update. In the meantime, the company gets closer to completing detailed engineering expected in Q4. The other two key pieces of the puzzle being that pesky permit and outline financing. The optimist in me says no news is good news as this stuff doesn't get done in just a couple of months. What is getting very boring is the ESIA, which could be dependent on completing certain technical studies.

The positive here is that natural gas prices are up significantly and given Coos Bay location, it trades at a local up to +50% premium to Henry Hub according to CZNs website. I expect HH to go over $10 sharpish so Coos Bay gas could conceivably be $15 soon. Then you have a far more supportive political environment for natural gas projects. We are waiting for news on PETs readiness to deal and RTO with CZN though we are also waiting for CZN itself to announce a sale or farmout, which management indicated would in Q4. Nowt to stop CZN announcing a deal on Coos Bay.

what i like about guys like you chisel is that when its a pharma stock, you're a retired biochemist and when its a mining/fertiliser stock, you're a retired farmer. most of all, i like the way you can say you didn't say something even though its in black and white for all to see as follows: "Stop being delusional and get real OCP dont have to do a " deal" they are massive we are very very small minnows. OCP have been paying Baksheesh to the King for decades. so we come very low on priority. However,, i think emmerson have value to the Kingdom of Morroco." So, here you are stating OCP won't be interested because we are small fry. PS. I didn't say "have to" in case you try to latch onto that. Like I said, good to see you then espousing my reply to you about NPK blend. Surprised such an experienced farming mogul didn't know that already.

stay on your point chisel. you said i was "delusional" to think OCP would be interested in a deal with EML because we are a "minnow". i said you're confusing EMLs current marketcap with size of Khemisset in production and the value to OCP in blending its potash into its fertilisers, which you have clearly gone a googled given your N 'P' K eureka moment. just say "thank you" for the insight and education and try to be unnecessarily less rude going forwards. the bb will be a nicer, more fruitful place.

ah chisel good to see you're seeing that a deal with ocp is not "delusional" as we are but a "minnow". I'm also flattered by you seeing value of blending into its fertilisers as per my reply.

Clearly nothing to see here until RNS. Patiently waiting for newsflow that makes this shovel ready in Q4.