Last checked at 12 Nov 2021 07:00
Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining
12 November 2021
Investor Presentation
Emmerson, the Moroccan focused potash development company, is pleased to announce that Graham Clarke and Charles Vaughan will provide a live presentation relating to Company Update via the Investor Meet Company platform on 18 November 2021 at 10:00am GMT.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet Emmerson via:
https://www.investormeetcompany.com/emmerson-plc/register-investor
Investors who already follow Emmerson on the Investor Meet Company platform will automatically be invited.
**ENDS**
For further information, please visit www.emmersonplc.com, follow us on Twitter (@emmerson_plc), or contact:
Emmerson Plc Graham Clarke Hayden Locke
Shore Capital (Nominated Adviser and Joint Broker) Toby Gibbs / John More
Shard Capital (Joint Broker) Damon Heath / Isabella Pierre
St Brides Partners (Financial PR/IR) Susie Geliher / Isabel de Salis | +44 (0) 20 7236 1177
+44 (0)20 7408 4090
+44 (0)20 7186 9927
+44 (0)20 7236 1177 |
Notes to Editors
Emmerson's primary focus is on developing the Khemisset project ("Khemisset" or the "Project") located in Northern Morocco. The Project has a large JORC Resource Estimate (2012) of 537Mt @ 9.24% K2O and significant exploration potential with an accelerated development pathway targeting a low capex, high margin mine. Khemisset is perfectly located to capitalise on the expected growth of African fertiliser consumption whilst also being located on the doorstep of European markets. This unique positioning means the Project will receive a premium netback price compared to existing potash producers. The need to feed the world's rapidly increasing population is driving demand for potash and Emmerson is well placed to benefit from the opportunities this presents. The Feasibility Study released in June 2020 indicated Khemisset has the potential to be among the lowest capital cost development stage potash projects in the world and also, as a result of its location, one of the highest margin projects. This delivered outstanding economics including a post-tax NPV8 of approximately US$1.4 billion using industry expert, Argus', price forecasts.