Member Info for RLL93

3p seems to be a resistance level.

Yup and 7 months later its still not approved, I'm growing old waiting on this!

Can someone point me to the Ghana and Australia update please ?

What good news are you expecting ?

I've given my opinion on here before regarding IOGs bank balance but today we had the RNS we were all waiting for, it was positive and we keep going! There's no need to pick holes in things foe the sake of it, we can do that tomorrow.

i've held of some time at a much higher price but i'm **** or bust at this point, but also if you read what i'm saying, i'm just being a realist and if someone can challenge me then great i might learn something new but i suspect that i'm probably right.

It's a scary time, with only 3 weeks to pay the defaulted bond, and it's only currently trading at 45% par, there doesn't look like they will be able to pay it, that is unless they put out a pretty outstanding RNS soon, but why haven't they done so already if it's positive news ? Why let the price sink further.... lots of questions.

You'd imagine that IOG know that it's shareholders are nervous, the sp is tanking, and with each day of no news the price drops, my interpretation is that the results are poor or invalid and by releasing a RNS would have a adverse affect, they probably want to bide their time to maybe undertake further tests so that they can release a positive RNS, if it was good news you'd just release it and increase the stock.

Regardless of environmental costs outside of IOGs influences, they are up to their eyeballs in debt and aren't making any substancial profits. The SP will only change once the above does.

Posts on here and social media demanding the GC buys shares yesterday and lord behold, he buys some today. Clearly he will do anything to sustain his large salary for as long as possible. Smoke and mirrors.

No problem,

the part dated 9th of January was hyper linked to a previous report from that same day, not really sure why they done that it just confuses the message. try and read it again and forgot about that part mate.

Emmerson has exercised its right to refer the Environmental & Social Impact Assessment (ESIA) approval process for its best-in-class Khemisset potash project to the national Commission Ministérielle de Pilotage (Ministerial Committee).

 The exercise of this right became possible after a regional investment authority decided it was unable to approve the ESIA.

 We view this as a positive development, in that the Ministerial Committee is chaired by Morocco’s Prime Minster and includes several government ministers. In other words, this is a body that should be willing and able to act swiftly and decisively in consideration of Morocco’s strategic national interest and international investment image.

For its part, Emmerson “remains confident” it will receive approval for the ESIA given the measures taken to mitigate the project’s environmental impact and improve is sustainability characteristics, combined with its significant positive economic and other benefits (ESIA permitting now focused on water; basic engineering should finish in Q1’23, 9 January 2023).

Note - access is required through research tree subscription to view it.

Https://www.emmersonplc.com/investors/analyst-research/

Someones looking to sell... and its not Elon Musk.

I think the biggest issue for shareholders is the further wait, who knows how long it will be until its approved (if it even is ), it feels like we have waited forever for this and to have to wait longer is killing confidence, also the lack of RNS when the initial meeting took place is suspect so people in the know have managed to get their money out in time, while we suffer further pain.

So much potential slowly dwindling away, deep down I had my suspicions there was an issue otherwise it would have come out before now and we would have seen a rise in sp. After days RNS I'd only buy with extreme caution and at a discounted value as if it fails at the next hurdle then its gone, be very careful guys.

Looking back, there was an incredible opportunity for Emmerson to capitalise on the once high potash prices if they had the ESIA back then when the share price was 10p, such a shame we are all the way down here, no ESIA, no comms, no further investment just silence.

Echooooooo

Hoping someone can shed some light on this, but how much money is left ? I mean people are getting paid and the project has its expenses, how long is left before there's nothing left ? I'm seriously worried.