Member Info for idg69

I didn’t get were I am today without the precise agreement and understanding of ‘macro asymmetrical descending triangles’ they are the only triangles I fully agree with.

Still a lowly market cap of £32m for a company with a 'potential' of over £2b - we have a long way to go but nice to see this lift off the recent lows. I'm going to put my neck out and say 10-15p on approval of the ESIA. We were nudging 10p in expectation of good news back in May 22 so I don't think that's an unfair estimation. GLA and let's hope many years of patience is rewarded.

I can’t decide if it’s a good or a bad thing that OCP are developing a mine in the same region as EML at the same time. Why now?

There were so many positives to take from last weeks RNS. The one thing I can't get my head around is that surely a future date has to have been set now for the next meeting of the Government ministers. These meetings aren't just decided upon a couple of days or even weeks in advance but will be scheduled months ahead in order for preparatory works to be undertaken.

The new KMP process doesn't just shave a few percentage points off the water usage but more than halves it, that's seriously impressive to say the least. I've always been suspicious that dark forces have been at play with regards to the ESIA approval process. If we get knocked back now having undertaken the scoping works and presented a whole new process to counteract environmental concerns then something is seriously wrong. Let's hope my suspicions are unfounded.

Would love to see this tick back up around the 4-5p mark and then the esia approval drop. We can live in hope can't we.

Would be good to know if the ESIA committee have now been informed of the new KMP process and its much reduced water usage and the removal altogether of the DWI process for waste brine. These are 2 game changers that impact massively on our environmental footprint and should be key to their decision making.

Would be a shame if they are making their assessment on the old/original mining process. Surely that can't be the case. Are we allowed to make amendments or additions to our application at this stage in the game? Graham didn't/couldn't say in the interview if today's RNS info has been communicated to the key decision makers in government.

Hi Thorpe1, I'm in that position myself, 55% down over 3 years on 750k shares and still holding and buying on the way down. I always saw this as a long term 5-10 year play but didn't envisage being underwater for so long. Prepared to hold and stay true to my investing strategy. I've tried to trade my way out of trouble in the past and it has burnt me everytime.

All good things come to he who waits, and waits, and waits, and waits a little more. I hope Emmerson are using Rupert Joy for what he's being paid for and he is liaising with the Government powers that be. if we can get this RNS/KMP info in front of the ESIA committee decision makers before they meet we might just get the approval over the line. There are some seriously big water and waste management savings to be had by adopting this new KMP process and you wouldn't want them to not take these factors into consideration when making the decision.

Having read the RNS through again in more detail, I'm confident that if these new production methods are taken into account when the ESIA is reviewed we will receive approval. Looking ahead, the financial returns are also more favourable which will have a significant impact on how quick debt can be paid down once production is underway.

We are not out of the woods yet, but today's news is potentially transformational on many levels. If the big time is 3, 4 or 5 years away, I'm not bothered as long as we get there.

Necessity is the mother of all invention I do believe. Just goes to show that the Emmerson team haven’t been sat on their hands all this time but putting their time to good use. I for one take this as in incredibly important RNS. I only hope they have been able to get this information in front of the ESIA approval board for them to consider as part of their decision making process as this has a massive implication on the water usage and waste management disposal - the 2 biggest stumbling blocks for getting the ESIA over the line.

Let’s not dis the Emmerson board too much today and take this RNS has an incredibly important piece of work that will, one, get the Environmental Approval we so badly need and, two, give us all significant uplift to our financial position when we become operational.

3 very difficult questions to answer. Happy days if/when the elusive ESIA is approved/granted. My response would be to only put in what you can afford to lose. I'm holding for the time being (£29k @ 4.5p) even though I'm underwater I'm still confident it will come good in the long term, but not prepared to add more at this stage (yes this is a contradiction). My son on the other hand bought at 1.35p so at least one member of the family is in profit. Here's to a better year on the good ship EML.

It's not progress as such, but it's a small pre-Christmas positive that the banks are still in play and finance won't be a problem - I'll take that right now after 5 months of radio silence. 2023 was not the year we had all hoped for so let's hope 2024 is our take off year. Wishing you all a Merry Christmas and a Happy New Year.

Warren Buffet also does is due diligence extremely thoroughly and tends to invest in solid blue chip, profit delivering businesses with future growth potential with dividend income. EML are about as far from that scenario as you could get right now. £12m market cap with an asset of over a billion in the ground. It feels like GC has given up and gone to ground since July. What are the team doing on a daily basis? The whole thing smells extremely fishy to me. I would be staggered if we get any news from the government pre Christmas. Pitiful situation.

Who knows what the Moroccan authorities are up to, certainly not EML it seems. We have been told time and time again that EML have met or even exceeded all the necessary ESIA requirements (according to EML) but still no approval is forthcoming. The wait I believe is close to 3 years from submission of the first ESIA application. I was hoping to pay off my mortgage in January with all my EML profits from the last 2 years - might have to rethink that strategy.

I’ve said it before and I’ll say it again - dark forces and much skullduggery are at work in the background to keep EML out of the potash space in Morocco. Someone somewhere in the process is not getting the right coloured envelope. A totally shameful situation the BoD have got this company in.

What an absolute sh*t show this has become. EML are being played by the government and OCP, this is simply not the case of a few local council bods unable to make a water decision and it being passed up the chain. There is a lot more to this delay than meets the eye. I’m very suspicious of the whole process. Not a great advert for doing business in Morocco.

You'd like to think so considering Morocco is encouraging inward investment, the world needs more fertilizer and a dozen other factors in our favour. The biggest and longest running obstacle is this damn ESIA approval. Personally I think dark forces are at work here and we are being squeezed, held to ransom for some reason.

Of course he'll be taking his salary, why would he not. AIM is a casino and you place your money and take your chance. GC is not CEO material as I've said before. Hayden should have continued all the hi level negotiations during the finance and approval process were being undertaken and then GC brought in to build and run the mine. What a pitiful state of affairs this has become.

'The EIA process for Anchois was conducted over a 12 month period' - and our shower has been at this for 3 years with no conclusion.

Disappointing, more like disgraceful. WTF are the BoD actually doing to expedite things. Surely they're not just sat on their hands waiting for the powers that be to meet up. What engagement are they having with the authorities. I'd like to know what we are paying Rupert Joy for because to date he doesn't appear to have had any influence. Can't believe we are at a lowly £17m market cap. We are being played like a banjo by the authorities - the whole thing stinks.

What a pitiful state of affairs this really is. Shameful that the board have got the company in this position where the whole future of the business hinges on the approval of the ESIA. I'd like to know just how engaged the company have been with the powers that be throughout the process. They don't even have a date for when this is to be reviewed by the higher echelons of government. I do accept the earthquake will have had massive implications but this should have been wrapped up this time last year and not 3 years on from initial submission.

The share price is only a bargain if EML have a future. If we can't get the ESIA approved and over the line then we have no future unfortunately and we're all doomed. Will be interesting to know before the month end if our strategic investor is going to extend their offer for a further 12 months.