Member Info for Hamz74

How much of the rise do you think reflects growing optimism about the SOC and a possible settlement? And how much of it is the rising gold price, up about 30% over the past year, which increases the potential value of both the SOC and the African exploration?

PAT market cap today of GBP 40 million = USD 53 million is about 5% of a USD 1 billion claim. Emmerson market cap of GBP 19 million = USD 26 million is just over 1% of the 2.2 billion NPV announced in February 2024. Anything could happen but it looks like Emmerson is at already at the low end of the range, and some people expect the new KMP process to lead to an uplift in the valuation.

We should get the statement of claim some time over the next few months, according to Marcin Michalek on X/twitter. This will set out how much compensation is being sought.

We have heard nothing from the company since they delisted August 2024, and it may well be that they have nothing new to report. Has anyone gleaned any possible clues from any websites? It is probably just a waiting game but could there be any sort of "game changer" that would finally expedite Etinde?

I wonder when we might expect any updates from the company. They are no longer obliged to tell us twice a year that nothing has changed. Do they need to report at any regular interval, or just ad hoc as and when any news arises?

I just emailed Charles Vaughan to ask if they should put out RNS for the patent application. The email reply says he has left and emails should go to Graham Clarke. This is not entirely surprising when they did need to cut costs.

Interesting and well spotted. About 20 different documents on that link. Has anyone read them? Probably too technical for me - but what is the economic value?

New business wins during the year include General Motors, Qiddiya, Marriott, Burger King, Panasonic, FanDuel, AliExpress, Decathlon, Santander, SC Johnson, ICBC, Asana, CashApp, Shopify, Coursera and Singapore Sports Hub.

Other forums I know of discussing Emmerson: The ADVFN chatroom, a telegram chat stream, and occasionally on X/twitter. That makes 4 including this LSE board. Let us know of any others?

When and where did Hayden talk about back channels? Can you please provide a link?

Here is a copy and paste in case anyone cannot find the link:

Pantheon Resources plc

Pantheon to Present at Sidoti Small-Cap Virtual Investor Conference on 4 December 2024

Pantheon Resources plc (AIM:PANR, OTCQX: PTHRF) ("Pantheon" or the "Company"), an oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, announces that management has been invited to present at the Sidoti Small-Cap Investor Conference, being held between 4-5 December 2024.

Executive Chairman, David Hobbs, is scheduled to host virtual one-on-one meetings with institutional investors throughout the event, and will host a virtual presentation as follows:

Sidoti Small-Cap Conference

Date: Wednesday 4 December 2024

Time: 9:15 a.m. Eastern Time

Webcast: https://sidoti.zoom.us/webinar/register/WN_57BFClQKSCCbTwpbG-0Vvg

All interested media and investors are invited to join this online presentation. Please join at least five minutes before the start of the presentation to ensure timely participation.

A live audio webcast and archive of the presentation will be available using the webcast link above. Registration is mandatory for conference participation. For more information or to schedule a meeting with management, please contact MZ Group at PTHRF@mzgroup.us.

@MMichalek91 on twitter put out several posts in Polish today. You can use translate to read them in English. Briefly, the shares can now be traded in Poland, and he sees a lot of upside. I might copy and paste the English translations here if anyone cannot find them easily...This guy specialises in these cases, he also followed GRX which won something from the Polish government.

Somebody has also observed that given the size of the project, above a certain threshold, it should never have involved CRUI and should only have been reviewed by the central government anyway.

Given market cap of 300 million, the amount raised from bondholders - around 2 million - is fairly trivial, its less than 1% of market cap.

At the end of the last RNS this was in bold, which I would view as meaning they hope to proceed with the project: Emmerson has always conducted its business in Morocco to the highest environmental and ethical standards, often well in excess of the local regulatory requirements, adhering strictly to local laws. The Khemisset Potash Project is one of the most strategically valuable fertiliser assets on the African Continent, especially for Morocco, which currently imports significant quantities of potash to its global fertiliser company, OCP.

With the implementation of its proprietary (and patent pending) KMP design, the Company was targeting the production of potash alongside several complementary fertiliser products that would have employed the lowest water usage of any potash mine globally, with the elimination of waste brines entirely, in order to create the world's most environmentally sustainable potash mine.

What is the name of that journalist then?

No real idea if Emmerson knows who leaked it. If they heard it from the horse's mouth they might know who it was. But these things can get passed on like a game of Chinese whispers so Emmerson might have been a few steps removed from the person who first leaked it.

Rupert Joy was a former Ambassador to Morocco. I think he was on about GBP 50,000 a year, not really the biggest cost when they have spent GBP 20 million on the project so far. In the wider scheme of things, he has probably received about 200,000 or 1% of the total spend so far. He and Kelly have now left. The other directors are just getting some shares.

From someone on twitter who follows these cases @MMichaelek91: I have been interested in mining disputes and arbitration for over 4 years now, I comment on the more interesting cases. I think Emmerson will get funding. They have great lawyers, Tim Foden is a brand in himself. He did great with GreenX, Indiana, Winshear, now we are waiting for Montero. For investors like me, he is a huge credibility for the Emmerson case. I think funds like LCM see it similarly. For me, thanks to Foden, Emmerson has become a first-class dispute, one of the most interesting currently on the market. I put this case on a par with Panthera Resources v India, which has already received LCM funding, although PAT has different lawyers.

Morocco has lost some ICSID cases before and settled others. They are not above the law of the ICSID. Its part of the World Bank and they want their share of development support as well.

Somebody on twitter/ X posted "in line".