Member Info for sportbilly1976

"...has appointed several professional advisers including UBS on investment banking side and recently DLA Piper on the legal side to work with the Company through the sale process"

imo price agreed, now onto terms etc

"Shareholders should recognise that the process Eurasia is in now implies that the Company is very limited in what it can discuss in the public domain" - stop ringing Keith! :)

ConsDoms - one I'm heavily in and will be sticking more into from here is EML. Potash like SXX but far, far less funding required and very strong economics

really?

can buy 100k with IG at 18.6999p

prob because buy price just went from 18.0 to 18.5 too

He confirmed that nothing had changed since the last rns and mentioned that the sp will move with various moves and did specifically mention treeshake

Phone him if you are sceptical

Spoke with Keith earlier - treeshake / short attack etc

Nothing to report from Company...all still as was last following rns where BoD reshuffle looks to maximise return to shareholders with Company sale

1mln to buy online at 19.99p

defo sell being worked imo

Hmmm, not sure on that.

Can get online quote for 250k at 19.808....suggests to me large sell being worked currently, especially given the rns this morning the MM's would mark up and offload if possible

It probably is reflecting the 14.5mln delayed trade showing at 5.07p

This is an artificial price so it (the price your account shows) will correct tomorrow when the market opens

Ethio,

The trade shown today was Jub capital's original short position trade...they sold at 5.07p hoping to buy back lower (hence very, very delayed)

suspension and the rise after caused them to fold after the trade was settled on their behalf by GPP on the 17th July

It is the original sell trade.

The buy back, as disclosed on their Statement of Affairs, was on the 17th July when the sp was 18-20p

It's the opening trade, not the close. Page 5 of the statement of affairs have them owing IG circa £225k.

14.5mln is equiv £145k p/p....open at 5p, suspension at 7.2p with margin gets you most of the debt to IG (probably a few other positions against them)
When suspension lifted and the sp shoots up they are forced to close or cover. GGP step in to bail them but force Jub Capital under

https://beta.companieshouse.gov.uk/company/08803382/filing-history

imo that is/was the (extremely) delayed reporting of Jub Capital's "accidental" short sell.

Potentially we'll see the not so accidental closing of it when GGP had to come in and settle on their behalf in the days/weeks/months ahead.

A true mockery of any transparency the LSE is supposed to have

Align commentary on this morning's update

hxxp://www.alignresearch.co.uk/emmerson/emmerson-positive-operations-update/

"...With all that going on, we have to mention that the Feasibility Study (FS) announced in June 2020 highlighted a dramatic share price disconnect. Khemisset came through the FS with flying colours demonstrating potential to be a world class, low capex, high margin potash mine. The post-tax NPV(8) came out at US$1.4 billion, with a 38.5% IRR plus robust cash generation. With the FS in place and the new lower up-front capex, financing discussions can now be finalised and there is a clear pathway to allow production to start as early as 2022. These might look like ambitious plans, but the Emmerson management team has always been ambitious and has not disappointed us yet.

We remain positive that that Khemisset has the potential to become a highly profitable project. With the shares currently standing at 4.25p. we are happy to confirm our Conviction Buy stance.

ours not to reason why, just to top-up and buy!

....also remember than there is the definite potential for a purchase today to receive in effect a 100% annual dividend return when in production
Maximise those ISA allowances

Indeed - both current broker targets of (iirc) 17.6p and 21.4p are for current state

* need to reduce both by the 6% placing dilution since they were released

Stockbox interview with Graham Clarke - clearly (imo) held back until today and the news release

https://twitter.com/ShareRisers/status/1298542114821877760

Well there is another one coming tomorrow:
https://twitter.com/StockBoxMedia/status/1296343762231341056

"The
@MarketMusing boys will be talking to Graham Clarke CEO of Emmerson plc on the #podcast Friday #EML
@emmerson_plc

Timing looks to be everything as opportunities beckon in the #potash world with the current unrest in Belarus causing supply issues"

https://twitter.com/StockBoxMedia/status/1295304633351536642

hxxps://www.pscp.tv/w/1ZkKzmEOnpLxv