Member Info for westie50

Agreed Stu. Daily/Weekly share price movements are of no significance to me. They're always going happen as traders are fact of life. Like you, i'm only interested in how the sp will move once income starts to be realised. Surely given the comments today, any doubts investors had have been dispelled.

Yes happy with the 2 RNS. Lots to take in but in essence all progressing smoothly.

You make a very valid point Slurms. Rome wasn't built in a day. EML are coming good. Patience needed.

I agree Stu although personally I don’t believe finance is dependant on ESIA issue. Of course we need the permit at some stage but we might get debt/equity/off take soon

Yep. All the large trades look like buys below the mid price. Current price to buy is 4.13p on a dummy buy

Cattleman - yes i'm with you 100%. It's been a long journey but maybe now we're starting to see the fruits of why we invested years ago.

After a long wait, this is hopefully the start of things to come. Brilliant RNS. Now i'd like to see news of the majors lining up to buy us out. Well I can dream!!

The sp has been putting in a spurt every now and again since Henry VIII was on the throne. The only time it'll have any meaning is when it's accompanied by somehow news i.e.a major has offered us some serious dosh or we've hit the mother load.

Yes Stu, it's taken a lot longer than any of us would have thought. I guess you can blame some on Covid, maybe some on Eid plus possibly some on the elections. Other than that I'll stick to no news is good news. I still believe September will be a big month for us.

Good stuff Stu. GC has always said unless there is a "material change" to proceedings then there is no need for an RNS. As more time goes on, I see the situation as more positive as surely if there was a need for an RNS to be actioned then it would have happened a lot sooner. I always have my positive hat on where I can.

I guess my thoughts mr Jinx would be the same as I mentioned earlier. 5m is still a lot of cash and I assume when raising it, they were hoping it would last until finance is agreed?

Sorry Stu yes it was 5.5m. Didn't bother to look at the RNS

I think you raise a valid point Mr Jinx. i can only think EML would have had an idea of who they planned to recruit before the raise. 10m is a lot of dosh. I'd hoped that amount of money would have seen us through to finance being agreed.

I'm still hoping the ESIA and some finance news will arrive this month. Let's see where we are at the beginning of Q4. I've never enjoyed waiting for news!!

https://twitter.com/emmerson_plc/status/1435528585620725768?s=20

No worries Slurms. Let's hope the sp keeps moving on next week and maybe, just maybe some news!! I know Hayden has several financing options. It would be nice if something was announced this month.

hI Slurms - I assume you've been discussing things with he latest troll. If it helps, I agree Hayden is most definitely not Finance Director. That was confirmed in the RNS appointing GC last year. However he most definitely IS still employed by the company as a director and has been tasked with securing finance. So whilst he has his fingers in other pies, he's most definitely working hard to secure a good deal for us.

What will happen to him after the finance deal is signed and sealed is anybodies guess. Whilst GC is not a finance guy, we have others on the BODs with considerable finance experience, so he might just disappear

The Myanmar comment did make me chuckle. Just shows how poorly researched (if at all) the trolls are.

You're correct with your comments CT and of course a takeover is always a possibility.

Evening CleverThoughts - welcome hopefully! I remember you form the ARCM board and know you're a respected poster there. i very rarely post there now due to it being inhabited by more than the usual helping of morons, but I continue to have a substantial holding there. it'll come good before long!

Now to EML - Well we're entering a potentially transformational time in the life of EML. This month i'd like to think we'll see the granting of the Environmental Licence. Finance news would also hopefully come through this month as we're looking to start construction by the end of this year. So debt/equity split plus off take news. There's also a feasibility study in progress re SOP. Again news there could arrive at any time.

If you've looked at the feasibility study from last year (which i'd advise), you'll see the figures are compelling and with the recent hike in potash prices, the the low capex/high margin is even more prevalent. I think a recent comment said based on m=the more recent potash prices, the payback time could be under 12 months.

Feel free to ask any questions. There's a few on here who are even more up to date than me. BTW the CEO Graham Clarke is arguably Mr Potash re his knowledge in building a mine. i think we're really lucky to have him on board. Hayden Locke is tasked with securing finance and again he is very experience in his field.

Of course no investment is without risk but imo this is one of the most exciting prospects on aim. Good luck CT

Chisler - a lot of your posts seem decent but that one was absolute B******S. Not sure what your motive is but that post seems to be in the same mould as Stringer. Have a little patience then maybe you'll change your tune. Or maybe you're not a holder and looking to get in at a lower price?

GC is Mr Potash. You wont get a better person to build the mine. Hayden has gone nowhere. He's sorting finance for EML to proceed.

Another one filtered. This board (apart from a few) seems to be littered with to****s