Member Info for sportbilly1976

The trades at 4.02p are sells....odd MM movements yesterday and a chunk of a seller's stock cleared at 4p.

Sooner that is cleared the better !

clearly a line of stock at 4p being worked through....

nope, just the Feasibility study release now, all parts been released and completed separately

scott,
Welcome...agree re prospects. This is my stock for 2020.... btw, EML is a main market listing, not AIM

From the LSE interview (on their youtube channel)

Around the 12:20-12:40m mark

"...it is an extremely strategically valuable asset for a wide array of potential partners who have deep pockets..."

he almost gave the FS away a bit too just before then...

"...the benefit we have is (hopefully the Ferasibility Study will confirm this)...of being among the lowest capital cost potash projects in the world, and very high margin..."!!

3.2p finally cracking

Can't be many left holding here who are just in for a 10-20% scalp. All in for the main prize here and a steady rise from current levels to hopefully 5p+ by FS submission

Looking at the chart, break through 3.2p and we could/should be on a sustained rise back to the mid 4p range, hopefully higher ahead of FS submission

On fundamentals - HL did mention in his interview today also the valuation potential once construction is complete to an EBIT multiple....puts the valuation then to around $2.5bln from the NPV10 one of $1.1bln!!

Disagree here...we need the sp rising now up until past the FS submission - the higher the sp, the more advantageous the financing conversations will be for shareholders.
Hayden mentions as much during the interviews released today

https://www.rns-pdf.londonstockexchange.com/rns/2670J_1-2020-4-8.pdf

Yep - cost saving on the preferred site location, cash to fully fund operations until late 2021

"...2020 will be another year of significant milestones for Emmerson as we move ever closer to our goal of becoming part of the small group of potash producers in the world. We thank our shareholders for their support and look forward to continuing to deliver on our de-risking milestones"

Some good buying over the past session or so...

Fantastic economics behind the project as shown with their Tweet yesterday:
Emmerson PLC
@emmerson_plc
·
18h
The PEA has shown that the production of SOP via the Mannheim process, in the Port of Jorf Lasfar in Morocco, has the potential to deliver a significant uplift in margins to #EML, taking the average, potential EBITDA across its portfolio of assets to over US$300 million per annum"

$300mln EBITDA for £25mln?

We continue to engage with various interested strategic financing partners moving forward with technical reviews, to ensure that our financing strategy is progressing. We remain confident of the value of the Project and look forward to updating the market on further developments

https://twitter.com/emmerson_plc/status/1244918826141130755

Still on track...early Q2 was the last comms to market - technically anytime from tomorrow onwards! :)

https://twitter.com/emmerson_plc/status/1244912709520457728

At this stage, the Feasibility Study is well progressed, and we continue to expect to be able to meet the timelines we have previously provided to the market, subject to the continuing availability of our independent engineers.

#EML #Khemisset #Morocco #Potash

...even on just 10k too. Nothing there at 2.8p

Co tweet this morning on Potash margin summary and comparison to Compass in the US

https://twitter.com/emmerson_plc/status/1240212451788050433

extract:
"...as the Company nears delivery of the Feasibility Study, which the Board believes will confirm it to be among the lowest capital cost and highest margin Potash projects in the world..."

It would be a good confidence boost to see them buying some, but I've been in Companies before which have had low %age Director holdings.
Ed McDermott (NED) - 350k
Hayden (CEO) - 1.4mln
Rob Wrixon (Exec Dir) - 44.2mln
Mark Connelly (Chair) -380k

Just under 6.8% between them. Would be good to get them to 10% overall...Hayden and Mark could do with significant top-ups imo

agree - given the dip recently it would have been good to see a couple top-up given the FS to come shortly

Nicely controlled movement so far today..MMs clearly not flush with stock to sell at these levels

Hopefully the decline report, the last element pre Feasibility Study release will bring a few more to the party and then it is the countdown to FS release :)

Still on track!
"Emmerson PLC
@emmerson_plc
"The Feasibility Study continues to track well ahead of schedule, and we are confident that it will be delivered towards the front end of Q2 2020 rather than the end of 1H 2020 as previously advised ."
#EML #Khemisset #Morocco #Potash